Is your income protected?

Article

26 August, 2008

Recent figures have revealed that more than half the population would not be able to survive financially for more than 17 days if they lost their jobs, and one in four consumers have no savings at all should they be caught out.

As the cost of living continues to rise, the slowdown in the housing market and increased utility costs means that consumers are now feeling more uncertain about their future and looking to protect their income.

A continuing income is vital to fund rising bills and having an Income Protection policy in place is something consumers would benefit from should they be unable to work due to sickness or accidental injury.

The need for life cover to protect young families and the family home has also never been of more importance. However, in challenging times these are the types of policy that often get overlooked.

Setting up a policy has never been easier and consumers are urged to seek independent advice because of the differences in rates between product providers.

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