Cost of living calculator

Can you afford not to put income protection into place? It's easy to think, "I'll be OK, I'll cope somehow". But in 2014 alone, we paid almost £12.6 million in income protection claims to more than 1,300 customers who didn't expect ill health to prevent them from working. This is another way of putting it into perspective:

  • How much do you earn each year - £15,000? £20,000? £30,000? £50,000?
  • Have you ever had back pain, or been stressed, or had time off work for any illness or injury?
  • The Employment and Support Allowance currently pays £101.15 a week, that's £5,259.80 a year.

That's how much you would receive from the Department of Work and Pensions, based on a single person's basic allowance as at April 2014, with the work-related activity component included. And that's not all – did you know that you won't receive the maximum amount of £101.15 per week until you've been off work for at least 14 weeks?

Depending on your circumstances, you may also be entitled to other benefits, although these may only pay out for a limited time and are unlikely to provide a long-term substitute for an earned income.

Use our cost of living calculator

Work out how much you spend today on routine bills, and you'll see how important income protection could be in helping you cover the costs of living.

Fill in all the fields, then press CALCULATE to see how much your monthly outgoings are:

All fields marked with an asterisk * are mandatory.


It’s more important than ever to watch the pennies and make sure you have enough money coming in to pay the bills. It’s never been more important to safeguard your income against unexpected events such as illness or accidental injury…

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