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Insurance seems very expensive?

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Comments

  • hieveryone
    hieveryone Posts: 3,865 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    So would income protection not be better where you get a monthly payment until you are fit to return to work or hit 65 (or whatever age you want to set)?

    CI only pays out a lump sum and only if you have one of a set list of conditions with a set list of markers. You can be too ill to work for months/ years but not trigger CI because its a condition not on the list, you can also find that CI pays out on a condition that doesnt actually impact you too much.

    Thank you, I will check that out. Is that something that could be added to this cover also, or purchased separately? It's all a minefield! :eek:


    Bought is to buy. Brought is to bring.
  • InsideInsurance
    InsideInsurance Posts: 22,460 Forumite
    10,000 Posts Combo Breaker
    The proper version of Income Protection (properly known as Permanent Health Insurance) is normally sold as a standalone product but L&G do write it so if you wanted all your insurances with one provider you could do so.
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