LB Financial

Tel: 01245 806 312

Income Protection

These policies are designed to replace your income if you are unable to work due to health reasons. There are 2 specific types of income protection;

Accident, Sickness & Unemployment (ASU)

These policies are 'off the shelf' and are not underwritten based on your current circumstances. You will generally have to confirm that you meet the criteria set out by the insurer at the time you take the policy. If you need to make a claim then you will be assessed at claims stage to make sure you did meet the entry requirements. These policies only provide cover for 12 or 24 months at which point the policy will cease. The policy is renewed on an annual basis so if your circumstances change you may not be able to renew the policy. Most policies will offer the option to cover against redundancy and will replace your income for up to 12 months.

Permanent Health Insurance

Permanent Health Insurance policies are arranged over a set term, possibly to match the term of a loan or until retirement age. It is also underwritten at the time of application and therefore accepted based on your medical history. These policies offer far more comprehensive cover that an ASU policy as a claim will be paid until either you are able to return to work or the end of the policy term is reached, providing long term benefit.

There are other providers of Payment Protection Insurance [Short-Term Income Protection] and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at

Knowledge Centre

To download our latest magazine please enter your name and email address below to access our knowledge centre

We will use your name, email address and contact number (‘personal information’) to contact you about the services you have requested or respond to an enquiry you have submitted, which will require us to share your personal information with our advisers and our group of companies. For further information on how your information is used, including disclosure to third parties, how we maintain security of your information and your rights in relation to the information we hold about you, please see our Privacy Policy.

Email communications are not secure, for this reason LB Financial Solutions Limited cannot guarantee the security of the email, its contents or that it remains virus free once sent.

Head Office

Swift House,
18 Hoffmanns Way,
Chelmsford, Essex,

Tel: 01245 806 312

Other Offices

Suite E, 2nd Floor
The Octagon, Middleborough
Colchester, Essex

Tel: 01206 867551


Suffolk House,
7 Hydra Orion Court,
Addison Way Great, Blakenham,
Ipswich IP6 0LW

Tel: 01473 359 720


Number One,
Vicarage Lane,
London E15 4HF

Tel: 0208 221 8282

The material on the site is the copyright material of LB Financial Solutions Ltd You may not copy, reproduce, republish, disassemble, decompile, reverse engineer, download, post, broadcast, transmit, make available to the public, or otherwise use LB Financial Solutions Ltd content in any way except for your own personal, non-commercial use. This includes but is not limited to all individual fund manager data such as rankings of fund managers and ratings of fund managers LB Financial Solutions Ltd does not accept any liability for your reliance upon, or any errors or omissions. Any other use of LB Financial Solutions Ltd content requires the prior written permission of LB Financial Solutions Ltd.

Registered Office: Swift House, 18 Hoffmanns Way, Chelmsford, Essex, CM1 1GU. LB Financial Solutions Ltd is registered in England and Wales. Registered Number 07942025.

The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

LB Financial Solutions Ltd is an Appointed Representative of TenetConnect Ltd which is authorised and regulated by the Financial Conduct Authority. TenetConnect Limited is entered on the Financial Services Register ( under reference 149826.

© 2020 LB Financial Solutions. All rights reserved.

Cookie Policy    Privacy Policy    Disclaimer