If the past few years have taught us anything, it’s that we never know what’s around the corner. That’s why the new year could be the perfect time to reconsider your protection needs.
If you don’t currently have protection insurance, the best place to start is to ask yourself these questions:
The more financial commitments you have, and the less support you get from your employer (or if you are self-employed), the more sense it makes to take out protection insurance.
It doesn’t have to cost the Earth
When it comes to protection insurance, there are a few options to consider:
Many of these options are not as expensive as people think and, for an affordable monthly premium, you could enjoy the peace of mind that increased financial security brings.
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.