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Double income protection

Luke451 · 2024-04-20 17:37:25

Hi, let's say that I have 2 income protection, one covers specific things, the other is more general, but regardless, can I have more than one income protection and then decide where to apply in case of a claim? Or do I need to claim both by the law and then eventually they split the payment??

Comments

kingstreet Posts: 39,290 Forumite

23 April 2024 at 2:36PM edited 23 April 2024 at 2:37PM

In which case, having two wouldn't benefit you as the insurers would allow a total payment only upto the maximum, IIRC 2/3, or 75% less SSP. Unless you set the benefits to only total that figure in the first place.

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