Why do quantity surveyors need income protection?
If a health condition prevents a quantity surveyor from working — whether through physical injury or a cognitive condition — income protection pays monthly benefits of up to 70% of income. For contractors and freelance QSs without employer sick pay, this is especially valuable.
How does income protection work for quantity surveyors?
Income protection pays a monthly benefit — typically 50–70% of your gross income — if you're unable to work due to illness or injury. Payments continue until you return to work, reach the policy end date, or die.
How much does income protection cost for quantity surveyors?
Quantity surveying is usually Occupation Class 1 for income protection — offering some of the most competitive premiums available. A healthy 35-year-old quantity surveyor looking for £1,500/month benefit typically pays £25–£55/month depending on the deferred period and occupation class.
Own occupation vs any occupation
Always aim for "own occupation" cover — this pays out if you cannot perform your specific job. "Any occupation" cover is much harder to claim on and is generally not recommended.
Frequently Asked Questions
Occupation class is a key pricing factor for income protection. Quantity surveying is usually Occupation Class 1 for income protection — offering some of the most competitive premiums available.
Long-term policies pay until you return to work or retire. Short-term policies (1–2 years per claim) are cheaper but provide less protection.
Yes — income protection is especially important if you're self-employed, as there is no employer sick pay to fall back on.