Income Protection Advice

[Crookairroad]

DH and I both have life insurance. We don’t have income protection though. We are 53 and 49. Does anyone know roughly what we should pay or look out for when applying? I’ve done a comparison and prices do seem reasonable for cover at 50% of our individual wages but the comparison site is saying that many providers aren’t quoting due to COVID.

Ive had income protection for about 10 years now - I pay circa £45 per month - my policy pays out £1400 per month in the event of redundancy for a period of 12 months.
This would cover our mortgage and the couple of loans we have. I'm the main earner by 3x DH so it's only me that has the policy l as we could just about survive financially if he was made redundant.

Be aware there is a maximum % of your monthly salary that you can base your policy on. I haven't taken out the maximum as the premiums increase a lot if you want the maximum. Also depends on what your job is and whether it's considered high risk

I was told when my policy renewed in July 2020 that all income protection products had been pulled from the market due to covid and unlikely that there would be any available for a year or more now