Protect your Income
with confidence
FSCA-Authorised Advisers | Whole-of-Market Access
We can find you the most suitable Executive Income Protection Policy that protects your employees and their families — with expert guidance and no fees.
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Company Directors Helped
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Make sure your full income is properly protected
Your compensation goes beyond basic salary. Bonuses, dividends, stock options: standard income protection policies often miss these entirely. You risk:
Variable Income Gaps
Income like dividends and bonuses are often excluded from standard policies.
Role Mismatch
"Own occupation" clauses that don't match your board-level or specialist role.
Stagnant Cover
Cover that falls behind and doesn't grow as your income and compensation evolve.
Let's make sure you get protection that covers what you actually earn.
What is Executive Income Protection?
Executive Income Protection is a policy your company takes out on your behalf.
Continue paying your salary and dividends (up to 80%)
Cover associated costs like pension contributions
Tax-efficient structure for key personnel
The CoveredLife Promise
Expert-level protection designed specifically for senior leadership.
Whole-Market Access
Connecting you with FSCA-authorised advisers securing cover from leading SA providers.
No Hidden Fees
Our service is free to you. Advisers are compensated by insurers only on successful placement.
Executive-Level Expertise
We ensure your cover includes bonuses, dividends, and variable compensation.
3 Steps to Confidence
Simple, streamlined, and expert-led.
Start your quote
Speak with an FSCA-authorised adviser who understands executive pay structures.
Secure your policy
Your adviser reviews the whole market to find cover for your full income.
Be confident
Rest assured knowing your plan covers what you actually earn.
Key features at a glance
High level of income replacement
Replace up to around 80% of gross salary and dividends, matching your lifestyle.
Business-paid premiums
Usually treated as a business expense, making it a highly tax-efficient benefit.
Flexible benefit periods
Choose fixed periods or cover until your intended retirement age.
Deferred (waiting) periods
Align with your company sick-pay or personal cash reserves (4-52 weeks).
Own-occupation cover
Pays out if you can't perform your actual role, providing true role security.
"An Executive Income Protection policy is more complex than most realize. Standard policies base cover on salary alone, which means executives are often dramatically under-insured. We ensure your compensation package is genuinely covered."
James Stait
CoveredLife
How Executive Income Protection Works
Policy set-up
Your company takes out a policy for directors, agreeing on benefit levels and deferred periods.
Business Premiums
Premiums are paid by the company and often treated as a business expense.
Incapacity Claim
If illness stops you from performing your role, the company makes a claim with medical evidence.
Monthly Benefit
On success, the insurer pays the business, which then funds your income and costs.
Free Guide: The Business Leader's Guide to Financial Protection
Get a clear, jargon-free overview of how to protect your income, business and family in one place.