Case Study: Andrew
Background
Andrew ran a small graphic design studio near Weymouth Harbour. As a self-employed designer, his income depended entirely on his ability to work at a desk, meet deadlines, and manage client projects.
Two years ago, Andrew took out Income Protection Cover, knowing that if he ever became ill or had an accident, his income—and his business—would be at risk.
Incident
A year after taking out the policy, Andrew had a serious cycling accident. He fractured his hip and wrist, leaving him unable to sit at a desk or use a mouse. As a result, he couldn’t work for nearly six months.
The Outcome
As a freelancer with no access to sick pay, Andrew’s Income Protection policy provided a tax-free monthly income, helping him cover his living costs while he recovered.
He was able to keep paying his rent, utility bills, and essential studio expenses. He didn’t need to dip into savings or take on debt. Most importantly, he had the breathing space to focus on healing—without the added pressure of financial stress.
Andrew gradually returned to work part-time and eventually made a full recovery. He now recommends Income Protection to other small business owners and freelancers, saying:
“It saved my business. Without it, I’d have had to shut down my studio.”
Summary
Type of protection:
Reasons for Claim:
- Injury following an accident
- Unable to work for 6 months
Payments:
- Monthly income replacement
Benefits and Results:
- Covered rent and living costs
- Avoided debt or using savings
- Maintained his business premises
- Able to recover without financial pressure