09 February 2026
Allianz UK launches accident, sickness, and unemployment insurance
Allianz UK has launched a new short-term income protection policy designed to provide financial security for people facing unexpected life events.
Allianz UK’s Short-term Income Protection requires no medical underwriting and provides immediate cover. Available only through financial advisers and mortgage brokers, benefits are paid for a maximum of 12 months, and customers can choose:
- accident, sickness, and unemployment
- accident and sickness only
- unemployment only.
Developed with AmTrust Specialty Limited and Wessex Group, it includes accidental death cover when accident and sickness is selected providing 12 times the monthly benefit automatically. With the accident and sickness options there is no premium weighting for existing conditions, making it accessible to a broader audience.
Other key benefits of this policy include its wide ranging age criteria, it is available to customers aged 18 – 64 who have been in full-time employment for at least six months, with cover ending at age 67. Additionally, it covers up to 65% of their gross monthly income, with a maximum of £3,000 for new mortgages and £2,000 for existing mortgages or customers with a mortgage offer.
Henry Topham, managing director of retail insurance at Allianz UK, said:
“We are delighted to launch a new Short-term Income Protection product in partnership with AmTrust and Wessex.
At Allianz we understand that people worry about how they’ll be able to pay their bills if accident, sickness or unemployment prevents them from working. This policy will appeal to financial advisers as it’s a complementary product to their mortgage and protection sales. It offers a vital financial safety net and peace of mind ensuring people and homeowners can maintain their standard of living when the unexpected happens.”
For advisers wanting more information, please contact Scott McLoughlin, Head of Intermediaries at [email protected].
The Wessex Group is an independent provider of outsourced insurance service solutions for leading insurance companies.
AmTrust International is a global insurance provider offering risk-management solutions and business underwriting for clients.
Media contact:
David Gwyer Tel: 07384 533714| [email protected]
About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance.
About Allianz
The Allianz Group is one of the world's leading insurers and asset managers serving private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 761 billion euros* on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.9 trillion euros* of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2024, over 156,000 employees achieved total business volume of 179.8 billion euros and an operating profit of 16.0 billion euros for the Group.
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