The COVID-19 pandemic has seen a sharp increase in enquiries from the Self Employed and uptake of many types of protection insurance with income protection sitting firmly at the centre of it all.
Placing protection earlier on in your career and lifecycle is likely to bring a far wider and more valuable range of benefits to you and your families.
The unprecedented events of COVID-19 have seen people of all ages and financial situations re-evaluate their lives from a number of perspectives. #Income protection fits neatly into this need as it is a long-term plan designed as a partial salary/income replacement if the individual is unable to work due to sickness or disability.
Practically all of us have been financially impacted to some degree by the events of 2020, proving that – without adequate protection – nobody’s financial position or that of their loved ones is truly safe.
We have already seen that the virus does not significantly discriminate by age, which means that we all need to consider the impact on our short- and long-term financial health. In the short-term, absence may mean significant financial distress and depleted savings which the Self Employed need to consider.
I am an Independent Financial and Mortgage Adviser and have worked in Financial Services for over 12 years. During my career I gained experience in assisting both individual and corporate clients.…
