Can I pause my income protection plan if I go on a career break?

Can I pause my income protection plan if I go on a career break?

Life is never straightforward, so should you receive a windfall that allows an opportunity of a lifetime, or a devastating blow, it is useful to be able to temporarily to pause your income protection cover should your circumstances change.

This is why insurers include options for career breaks or sabbaticals on their income protection policies. However, all insurers differ in what they offer and some providers are better than others.

If you are looking to take a break from work to study, travel, research, look after children, transform a hobby into a business or get yourself back on track following redundancy, freezing your income protection policy rather than cancelling it has some key advantages.

It pays to speak with an expert – why?

  • Some insurers will offer to pause premiums for career break/sabbatical purposes, others will not
  • A few insurers only offer a career break to doctors and surgeons, and others to eligible medical professionals only
  • A handful of providers do not put their members through the underwriting process again once they are ready to resume paying their premiums

How long do I have to have my policy before I can exercise my career break option?

The market varies between providers. Some allow this option to be exercised from inception, whilst others only allow this once a policy has been in force for three months, or one to four years.

Do I have to repay my premiums after my career break?

A vast majority of insurers do not expect clients to repay the missed premiums at the end of their career break/sabbatical. There is, however, one insurer who does.

Do I have to have my policy underwritten again?

Most insurers do not insist on this. However, there is one insurer who requires policyholders to complete a Declaration of Health when their sabbatical ends.

Are there limits to how long a career break I can take?

The time allowance given varies from three months to two years depending on the insurer, but it is important to note that if you are on a career break/sabbatical, most insurers will still cover you during this period. A handful of providers don’t, but an expert adviser will be able to help you to source which are the most comprehensive.

Source: Protection Guru February 2021

Next steps

Whilst you are welcome to get a quote online, we would recommend you speak to one of our advisers.

Any quote that your adviser provides you with will take into account your circumstances and medical history, as well as your budget!

An online quote is just that – a quote – it isn’t a definite offer of cover. What really matters is the premium you are offered, after your application has been assessed.

Call Freephone 0800 644 4468 – Monday to Thursday from 09.00 to 19.00 and on Friday between 09.00 and 17.00.

Please feel free to read our Independent client reviews, or read about the team at Future Proof


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Do you suffer from a medical condition and concerned you can’t secure Life Insurance?  Please view our ‘Medical Guides’ for further information.

Whilst we will make every endeavour to help someone to arrange insurance, there is no guarantee of success.  All applications are subject to underwriting.

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