What Insurance Protection? Life? Mortgage? Income?

MontyDog_3

I am self-employed and am very confused as to what financial protection I need?

I believe I need Life, Mortgage & Income Protection - but there must be an all in one Package? Or do I need all three?
I am a homeowner and have credit cards - not amounting to a great deal - but debt nonetheless!

Any advise would be greatly appreciated.

Many thanks
Sophie

dunstonh

tomatt - advertising is a breach of board rules. AGAIN. Also, the company you represent may not take kindly to you almost certainly breaching their rules on advertising. Plus, you seem to have made a few assumptions on life cover which you dont have enough information and you have disregarded PHI which is higher priority on the pecking order than critical illness.

ASU (accident sickness and unemployment) are often a waste of money for self employed as unemployment cover has far more clauses than an employed individual. So, PHI is a better as it can offer more cover for a longer period. However, depending on your age and occupation, it may be expensive.