📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Income Protection

Options
I am not sure if this is the correct place to put this but am wondering if anyone has Income Protection Insurance and is it worthwhile. Also would be keen to hear which providers are best and offer hassle free claims if the needs arose. I am not in a position to need it but would like to be prepared should anything happen in the future due to businesses closing all the time :(

Comments

  • beanys
    beanys Posts: 86 Forumite
    I have it, I use barclays it cost me £31 amonth for unemplyment protrection I also have one for off work due to illness which cost £20 a month.
    Many years ago I was made redundant and use the plan and they paid me £800 a month and I was also able to claim JSA so I know they do actually pay out
    Hope this helps you
  • Smi1er
    Smi1er Posts: 642 Forumite
    Yes it is worth it, but a claim won't be straighforward. Play everything straight and you'll be fine
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.