Will income protection cover help me?

Income protection cover will help you as it ensures that if you were to become unable to work due to an accident or illness then you would receive monthly payouts which are averagely 65% of your monthly income, which will help maintain everyday payments. Income protection cover will help you as the payouts allow you to maintain everyday payments which if you weren’t to pay could mean you’d end up losing your car or home. If you were to lose your car or home it would cause the family extra stress and worry which isn’t needed when everyone wants to focus on making sure you are to recover and get well again. You may think you won’t need income protection cover but if you don’t have income protection cover and you were to become unemployed due to an accident or illness then you could lose 100% of your monthly income meaning you would be unable to maintain everyday payments, causing you a lot of stress worrying about maintaining your payments when you should be concentrating on recovering and getting well again. Most income protection covers won’t help you if you were to become unemployed due to redundancy but there are other income protection covers available such as unemployment income protection, which would. Income protection will give you peace of mind when things go wrong and you become unable to work due to an accident or illness. You don’t need any extra stress when you’re ill, so income protection will help you.

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