An income worth protecting
The money you earn through your salary funds everything, from your daily household expenditure, right through to your lifestyle and plans for the future, so doesn't it make sense to protect it?
Cover from as little as €10.10 per month*
Easy to apply with quick on-risk decisions
A leading provider of protection in Ireland**
Comprehensive and competitive cover
Protect what matters most
Do I need income cover?
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Income protection is a type of life insurance policy that pays you money each month if you are ill or injured and can’t work.
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If an illness or injury stops you from working, you need time to get better. But you’ll still need to be able to support yourself and your family financially.
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You might get sick pay from your employer or have savings to fall back on. However, outlays such as your mortgage, bills and weekly food shop will still need to be paid.
How does it work?
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While you’re healthy, you pay a premium every month, or each year if you prefer.
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If you fall ill or become injured and are unable to work during the term of your plan, you can then make a claim and receive a monthly income until you’re fit to return to work or you reach the end of the plan.
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While you’re getting your monthly income, you don’t pay any premiums to us. When your illness ends and you return to work, you start paying premiums again.
What are the benefits?
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No limit to how many times you can claim.
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We have access to a team of rehabilitation nurses who will go to meet you in your home and help put a plan in place to get you back to work.
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Proportionate payment: This benefit may provide you with a partial benefit if you return to work on reduced earnings.
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We’ve built our income protection in a way that lets you choose the cover you want today and change it when things in your life change.
Choosing an income protection plan to suit your needs
Zurich offers competitive and flexible income protection. We have two plans depending on whether you are taking out the plan, or your employer is taking it out for you.
Personal income protection
Executive income protection
- This is suitable if you are self-employed or if you are in a job that doesn’t provide an income protection plan for you.
- You will pay the premiums, but you can get tax relief at your marginal rate on the premiums you pay.
- Claiming tax relief reduces the cost to you by the rate you pay tax at - so either 20% or 40%.
- If you need to claim, we will pay your income protection benefit directly to you, after tax, USC and any other relevant deductions.
- This is designed for employers who want to provide an income protection plan for employees.
- The premiums are paid for by the employer and qualify as business expenses that can be offset against corporation tax. The employer can also elect to have pension contributions covered under this plan.
- If you need to claim, we will pay the income benefit to your employer, who passes it onto you as the employee through salary, making any relevant deductions such as tax and USC.
Here for you at every step of life's journey
Life can be unpredictable, but with the right life insurance cover from Zurich in place, you'll always have peace of mind.
Get income protection today
A little goes a long way when it comes to protection. Take the next step.
Contact our Financial Planning team directly
Arrange for us to contact you
Find an advisor in your locality
*€10.10 is our minimum premium inclusive of the government insurance levy currently 1% as at 1st January 2025 and may change in the future.
**Best Mortgage Protection Provider, National Consumer Awards 2025.
The information contained herein is based on Zurich Life's understanding of current Revenue practice as at 1st January 2025 and may change in the future.