Far from being a luxury, Protection Insurance should be considered essential, especially if you have a family or people that rely on your income.
Life and Protection Insurance
Life and Protection Insurance policies can protect you and your family from the financial consequences of death, a serious accident or illness, or unemployment.
This type of cover can pay out a (tax-free) lump sum on the diagnosis of certain life-threatening or debilitating illnesses, or if you have to undergo certain types of surgery.
Income Protection Insurance is designed to pay you a regular tax-free monthly income if you become unable to work due to illness or injury.
Life Insurance (sometimes known as Life Assurance) helps provide financial security for people who depend on you, should you die.
Payment Protection Insurance and Short Term Income Protection Insurance can provide a monthly income to help cover your regular outgoings if you can’t work due to an accident, illness or injury.
UK News
The trend is down to people trying to save money and make the most of hot weather, travel firms say.
The president signs an order aimed at expanding the kinds of investments allowed in retirement accounts.
The firms says it expects revenue for the three months to the end of August to fall by about 10% compared with last year.
The unusual demand adds to challenges facing the firm, which has been seen as falling behind in the chip race.
The Bank of England cuts its key rate to 4%, the fifth reduction since August last year.