If you’re looking to take out income protection cover, you need to make sure you do it right. If you make a mistake, it can lead to a limited income protection allowance, or even your income protection claim being denied. Knowing what to watch out for is essential.
If you have insurance cover, whether it’s income protection, accident and sickness, car insurance, home insurance, critical illness, or any other kind for that matter, regularly reviewing it is essential.
Income protection insurance is important insurance that should be considered by every working adult that lives in the UK. Despite the importance of income insurance for UK workers, it is thought that around only 9% actually have it. So, what is income protection insurance UK?