Executive Income Protection Calculator
See how much a business owner or director could save each month, and how much more cover they could secure, by funding income protection through the business instead of personally.
Maximum Cover Available
Illustrative maximum benefit levels typically offered by insurers — always confirmed by underwriting.
Personal Income Protection
Paid from Gross Personal Income
Executive Income Protection
Paid as Allowable Business Expense
Your Monthly Saving
Net monthly saving using Executive Income Protection: £98.13 (a saving of 54.8%)
This calculator provides an estimate only based on the rates entered and does not constitute tax or financial advice. Actual savings depend on your individual and company circumstances — always confirm with a qualified accountant and one of our advisers.
What is Executive Income Protection?
Executive Income Protection is a type of income protection insurance that a limited company can set up for a director or key employee. The premiums are paid by the business as an allowable expense — meaning they attract Corporation Tax relief and are not subject to Income Tax or National Insurance for the employee.
By comparison, a personal income protection policy must be paid out of income that has already been taxed, meaning you need to earn considerably more gross income just to cover the same monthly premium — and cover levels are typically lower.
This calculator provides an estimate based on the rates you enter. Always speak with a qualified accountant and one of our advisers to confirm the exact savings and cover available for your business.
Want to set up Executive Income Protection for your business?
Speak with our advisers to structure tax-efficient income protection for you and your team.
Book Free ConsultationThis calculator provides an estimate only.
Based on 2026/27 UK tax rates (England). Tax rates and reliefs can change. Always verify current rates and seek professional advice for your specific situation.