New research from Scottish Widows has found that an estimated 28 million Britons have no Financial Plan should the worst happen to them.
Posts Tagged ‘Income Protection’
28million Britons without a Financial Plan
Friday, May 20th, 2011Consumers in denial must get proactive about financial planning
Monday, November 30th, 2009Over a quarter of people in the UK are ’in denial’ about their need for help with their financial planning, in the same way that others refuse to admit eating disorders, drinking or gambling, according to a new report from AXA. Using analysis by professional psychologists, the AXA report* claims that “inertia, ignorance, and instant gratification” are [...]
‘Recession-proof’ yourself with correct insurances
Wednesday, November 4th, 2009The Association of British Insurers has called on consumers to protect themselves and their families from sudden loss of income by ensuring they have a well-designed suite of personal insurance products in place. In its new document ‘People Need Financial Protection’, the ABI refers to the current ‘uncertain economic outlook’ and warns consumers against ‘a sudden [...]
Income protection insurance: Protect your pocket
Monday, June 22nd, 2009Have you ever checked your bank account, only to discover that, due to some computer glitsch, your salary payment is not in? Now imagine that sinking feeling every month if you were unable to work due to illness or personal injury. You can protect yourself against such loss of income with Income Protection Insurance (IPI). [...]
Income payment protection insurance: It pays to read the tin
Wednesday, June 17th, 2009Income Payment Protection Insurance, as the saying goes, does ‘exactly what is says on the tin’. It is, nonetheless, worth reading the tin. The point is to understand what each Income Payment Protection Insurance product is designed to cover, and what it is not. The situation in question is where the customer must finish working and, depending [...]
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