This means that any rainy-day savings will likely be shrinking or even vanishing due to the need to cover living costs. That makes the need for protection insurance policies, such as Income Protection, all the more important. Why do I need protection insurance? If the worst does happen, protection insurance policies, such as Income Protection and Critical Illness insurance, are invaluable. “The main thing about protection insurance is that it gives you peace of mind.
Source: The Herald June 26, 2023 18:49 UTC