February 2020

A recent survey has shown that as few as 27% of people are confident that they have the right levels of protection cover in place9. The types of insurance required as you journey through the various stages of your life change and this can make it difficult to understand.

It seems that our perception of the chance of certain events actually happening is often wrong. The survey found that people tend to think they are more likely to die during their working life than to have an accident that prevents them from working. Similarly, the chances of an early death were seen to be higher than a serious health condition.
Many of us would struggle if we had to stop working through ill health or injury, with 56% of 18 to 35-year olds only having savings and investments that would last them less than three months.

We can help you understand the risks that present themselves at the different stages of your life and arrange the right products and level of cover, all within your budget. Get in touch to see how we can help.

9Royal London, 2019
Income protection (with no investment link) has no cash in value at any time and will cease at the end of the term. If you stop paying premiums your cover may end.