Salary Protection

norserose

Hi,

Am kind of thinking I ought to get some sort of salary protection policy on the go, because I guess you never know. However, I don't see the point of policies that don't pay for 3 months, as by that time you're probably totally screwed anyway. Anyone got any good recommendations? Muchly appreciated if you could let me know what you all think...

grumbler

norserose wrote:

... I don't see the point of policies that don't pay for 3 months, as by that time you're probably totally screwed anyway. Anyone got any good recommendations? ...

It is recommended :rolleyes: to have easy-access savings amounting to at least three-months disposable income ...

P.S. See also 'Shouldn’t I have at least a cash emergency fund?' paragraph in Martin's 'Starting Saving' article

System

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