Employed, or Self-Employed, your income is not guaranteed. You may have some short term accident, sickness and redundancy insurance cover, but have you considered if that would cover you being out of work longer than expected? Perhaps, you have put aside funds you could use, but you don’t really want to dip into these as this was not part of your plan. Income protection (also known as Permanent Health Insurance) can be useful to provide replacement income, if necessary right through to retirement age if unable to work due to accident or illness.
At Lawson Financial Management we will give you clear and concise advice on income protection options, individually tailored to suit your personal and financial circumstances.