p>Income protection insurance protects your income if you are unable to work temporarily because of sickness or injury. This means you can get paid monthly benefit amounts that you can use in any way that you see fit, while you recover. This could include any living expenses, like mortgage or rent, as well as enjoying your usual lifestyle – it’s completely up to you.</p><p>Mortgage protection insurance is a type of cover that you can get to protect your mortgage repayments. So, if you are sick or injured, your mortgage repayments will be paid by your insurance provider for a certain period of time.</p><p>But remember, with income protection insurance, you can use your monthly benefits not just to cover your mortgage but to also meet other financial commitments, including any medical bills related to your sickness or injury.</p