Posted on: 04 Nov, 15
Replacing your income if you couldn’t work due to incapacity caused by illness or injury
No one likes to think that something bad will happen to them, but if you couldn’t work due to a serious illness, how would you manage financially? Could you survive on savings or sick pay from work? If not, you may need some other way to keep paying the bills – and you might want to consider income protection insurance. Currently, 10.8 million UK households are at risk of their income falling by at least a third if the main earner stopped working due to ill health.
You might think this may not happen to you (and, of course, we hope it doesn’t), but it’s important to recognise that no one is immune to the risk of illness and accidents...
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