Archive for the 'Income Protection' category

How to choose the right income protection benefit period

September 23, 2015 | Posted under: Income Protection

How to choose the right income protection benefit period Nobody wants to consider – or more specifically, guess – how long they might be off work for should they sustain a serious injury or be diagnosed with a career-threatening illness or medical condition at some point in their working life. Not unless that is they’re a serial pessimist who habitually views life with a glass half empty attitude as opposed to a half full perspective. We all know the type. Someone who chooses…

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Income protection insurance and redundancy: What you need to know

September 22, 2015 | Posted under: Income Protection

Income protection insurance and redundancy: What you need to knowDuring times of economic uncertainty, the spectre of redundancy can hang heavy in the air – especially for employees of some industries more than others. Times have a habit of changing rapidly these days, and where once heavy industries served the UK’s workforce well, in later decades the shift has been away from coal and steel and has lurched with much gusto towards ecommerce and IT generally. Irrespective of what sector…

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How much does income protection insurance cost?

September 17, 2015 | Posted under: Income Protection

How much does income protection insurance cost? We’re often told when we’re young that money is a subject that we shouldn’t speak about in public – at least in terms of asking people how much they earn, rather than what things cost. This is all well and good if you’re looking to avoid awkward situations and side-step the risk of offending people, but there comes a time in everyday life when we have to grab the proverbial bull by the horns and address the thorny…

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Executive income protection - insurance for company directors

September 15, 2015 | Posted under: Income Protection

What company directors need to know about income protection insurance The world of insurance routinely throws up all sorts of different – and largely money-saving – possibilities, typically in the form and function of alternative policies, irrespective of just what it is you’re looking to insure; be it your home, your car, your holiday, your health, your life expectancy or indeed, your continued ability to hold down your current job. Which moves us nicely into the realms of income…

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Income protection insurance statistics

September 10, 2015 | Posted under: Income Protection

Income protection insurance statistics We love statistics here at Bobatoo.co.uk, and to help you make more sense of income protection insurance and how it helps people like you we’ve complied all of our favourite income protection-based stats below. To find out more about income protection, read our useful income protection buying guide, income protection FAQs and income protection jargon buster. Income protection stats 350 – The number of income protection pay-outs…

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Income protection insurance - key facts you need to know

September 7, 2015 | Posted under: Income Protection

Income protection insurance – key facts you need to know It’s never advisable to enter into something legally binding without first knowing the lay of the land. Think jobs, marriages, gym membership, PPI agreements and other things we’re more than likely to want to wriggle our way out of sooner rather than later. If only we’d realised what certain aspects of any of the above-mentioned entailed BEFORE we said ‘I Do’ or signed on the dotted lines with the best…

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8 questions to ask before buying an income protection policy

September 1, 2015 | Posted under: Income Protection

Top 8 questions to ask before buying an income protection insurance policy Ever on hand to help out when it comes to all matters insurance, we have compiled a rapid-fire ‘Top 8 Questions to Ask before Buying an Income Protection Policy’ guide beneath, which should answer the most commonly raised questions. Or at the very least go a long way to. Of course, if you’re still wanting more information about income protection insurance then you’re spoilt for choice hereabouts, as…

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What does 'waiver of premium' mean?

August 26, 2015 | Posted under: Income Protection

Income protection insurance: what does ‘waiver of premium’ mean? In short, ‘waiver of premium’ literally translates as meaning an income protection insurance policy provider will forego, or surrender, any premium payments owed by the policyholder in the event of them declaring themselves unable to continue with their existing employment occupation on account of either being incapacitated by a serious injury sustained or being diagnosed with a medical condition which severely…

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Income protection benefit limits explained

August 25, 2015 | Posted under: Income Protection

Income protection benefit limits explained A world without any limits might sound exhilarating on paper (or screen), but it would soon descend into anarchy as visually portrayed by Hollywood on a regular basis. It’s simply not a viable premise whichever way you look at it; commercially, emotionally, morally, ethically, sociologically and probably a few other ‘ally’s’ that we can’t quite remember right now. Limitations are there for all of our goods (and services)…

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Common income protection insurance exclusions

August 21, 2015 | Posted under: Income Protection

Common income protection insurance exclusionsLife’s full of exceptions and exclusions as, after all, we can’t just expect to do whatever we want, whenever we choose, willy-nilly, as that’s just not cricket. We should fully expect to be reined in and curtailed with certain things now and again and just take the presenting of these unwritten rules on the chin and get on with it. Insurance is one such instance where barriers have to be put up so as to draw a line in the sand between…

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