Archive for the 'Income Protection' category

Income protection insurance claim statistics

November 19, 2019 | Posted under: Income Protection

Income protection insurance claim statistics What is income protection? According to the ABI (Association of British Insurers), income protection insurance is designed to cover the loss of income caused by illness or injury, offering to cover part of the policyholder’s salary as well as providing additional support to get employees back to work as soon as possible. Many people remain sceptical about income protection insurance policies not paying out and some feel that making a claim on their…

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You’ve suddenly fallen ill or injured yourself. You can no longer work. Can you afford NOT to be covered?

December 23, 2015 | Posted under: Income Protection

You’ve suddenly fallen ill or injured yourself. You can no longer work. Can you afford NOT to be covered? It’s almost illogical when you think about it; and it certainly doesn’t compute, yet the fact remains that a significant percentage of us don’t spare a single thought on the (simplistic and hassle-free) measures we could take to safeguard our income stream in the event of something unexpected happening in our lives which would throw the biggest of spanners in our financial…

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Do I really need income protection insurance?

December 21, 2015 | Posted under: Income Protection

Do I really need income protection insurance? It’s one of the big questions people often ask. OK. Not quite as routinely as, “Does my bum look big in this?” and “Does ANYONE recognize ANY of the housemates on this year’s Celebrity Big Brother?”. Nevertheless the question, ‘Do I REALLY need to arrange an income protection insurance policy?’ does have a tendency to crop up in a lot of conversations (or maybe it’s just us?). And if it doesn’t,…

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Should I get income protection or Payment Protection Insurance?

December 1, 2015 | Posted under: Income Protection

Should I get income protection or Payment Protection Insurance? Aha. The million dollar question. Or for us here in the UK; the million pound question. Unless you’ve been residing in a cave for the past decade you’ll probably be very familiar with the concept of Payment Protection Insurance. That said you may be more familiar with it’s acronym: PPI. Ah yes, the much-maligned PPI, which British banks made something of a habit of mis-selling us for the past 10 years…

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Can I get income protection insurance if I have diabetes?

November 19, 2015 | Posted under: Income Protection

Can I get income protection insurance if I have diabetes? Diabetes (or more accurately, Diabetes Mellitus) affects nearly 4 million people here in the UK, compared with 1.4 million who were diagnosed with the condition in 1996. It’s now estimated that more than 1 in 16 of the population are living with diabetes on a daily basis (that’s both diagnosed and those that remain undiagnosed according to estimates); and this figure is rapidly rising, with most health experts expecting that…

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Income protection insurance with pre-existing medical condititions - a guide

October 27, 2015 | Posted under: Income Protection

Income protection insurance with pre-existing medical conditions – a guide Having a pre-existing medical condition can often lead to higher insurance premiums, but there are still ways to save money In life there are certain things you can still successfully attain despite having a personal history that should really prohibit you. For instance, you may have found the love of your life despite some questionable fashion choices back in the day – mullet, shell suit, shoulder pads… Or…

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The importance of income protection insurance for high risk occupations

October 15, 2015 | Posted under: Income Protection

The importance of income protection insurance for high risk occupations There are certain occupations which require people to put themselves in constant risk of danger, perpetually flirting with injury as a matter of vocational course. Crash test dummies aside, we’re not (necessarily) talking about high wire walkers, alligator wrestlers and circus knife thrower’s assistants (although they would do well to heed the following advice), but rather relatively every day jobs such as street…

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Why income protection for tradesmen is especially important

October 8, 2015 | Posted under: Income Protection

Why income protection for tradesmen is especially important You are your own boss. You are the master of your own (career) destiny. It’s you and only you responsible for making ALL the key decisions. You certainly can’t ask the audience and there’s absolutely no chance of phoning a friend, while opting for going 50:50 is largely pointless. No, the buck stops with you. But then, this is what you’ve always dreamed of, right? To not have to answer to anyone, free from the shackles…

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What is group income protection insurance?

October 1, 2015 | Posted under: Income Protection

What is group income protection insurance? Some of the best things in life come in groups. Look no further than Jedward, East 17, The Darkness, One True Voice, Blazin’ Squad….need we go on? By grouping something together there is normally something for everyone in one way or another. Well, that’s the plan anyway. Continuing the tenuous music link, think of the Spice Girls: Sporty, Posh, Ginger, Baby and Scary appealed to people on a different level. Unlike Another…

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Over 50s income protection insurance

September 25, 2015 | Posted under: Income Protection

Over 50s income protection insurance – what you need to know As you are probably well aware there can be a fair few perks associated with getting older, with the over 50s able to look forward to filling their free time as they approach retirement age by spending more time with their family – or spending it on the golf course! Having said that, in recent years there has been a trend of over 50s seeking increasingly adventurous ways to spend their time – from cruises and…

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