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.
Far from being a luxury, Protection Insurance should be considered essential, especially if you have a family or people that rely on your income.
UK News
Hundreds of Liberty Steel workers in Rotherham and Sheffield face an uncertain future.
Ex-Twitter staff sued the platform after some 6,000 employees were sacked in 2022.
A rail strike and works are expected this weekend as millions begin their bank holiday getaways.
RMT members will walk out on Saturday and Monday, but Sunday trains could also be cancelled.
The US and EU have released details of the new trade deal reducing tariffs between the two partners.