You’re five times more likely to be sick and off work than you are to die before retirement. If you’re ever off work ill, employer sick pay has an expiry date. If you’re entitled to it at all…
Statutory Sick Pay is just shy of £96 per week. It’s not a lot. If you’re ever in this position you’re in for some challenging decisions: raid your savings, borrow, scale back…
But you don’t need to do any of the above. With Income Protection you’ll receive 50-70% of your salary via regular payments for as long as you need them. You do not have to disrupt your own – or your family’s – way of life.
It’s a vital and an underappreciated protection lifeline. During November it’s time to ask yourself: Do I need Income Protection?