Have you considered how your family would cope in the event of loss of income caused by death or illness? When faced with the unpredictable twists and turns of fate, it is comforting to have the right protection cover in place.
As well as providing financial support, protection can support your mental wellbeing. Mental health issues are one of the top reasons for claiming under income protection, with one leading provider1</SUP? paying £6m in income protection claims last year of which a third (£1.91m) related to mental health claims. Many life and critical illness policies also include support services for mental health issues.
Having the right protection cover is an indispensable financial and wellbeing safety net for you and your loved ones.
1Zurich, 2023
It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.