employment/illness earnings insurance

jacobjohn7

Hi im self employed and looking into insurance in case of illness injury. Please could anyone recommend any company that is good in the event of a claim. I dont want to pay to a company if they make it impossible inthe event of a claim.
anyone had good/bad experiences?

Thanks

dunstonh

Please could anyone recommend any company that is good in the event of a claim.

That is a regulated activity and not allowed.

However, you are right to be cautious as permanent health insurance does come in multiple levels. Effectively a budget, standard and comprehensive style banding. Some of the budget plans are barely worth paying for.

How do you intend purchasing the insurance as most PHI policies are only available via IFAs (or whole of market protection advisers)?

jacobjohn7

Not a budget plan then . One that will do what it says on the tin .
Thanks

ACG

You would be best speaking to a mortgage or financial advisor.
Not only do you have them ensuring you get what you want, you have the added protection that its an advised sale.

jacobjohn7

Thanks for ideas

dunstonh

jacobjohn7 wrote: »

Thanks for ideas

It is a difficult one to cover on an internet site as the posters that know the most about it cannot give the info you want without breaching FCA guidelines. And realistically, given the wide variety in product coverage and how some are better with different occupations etc, it isnt something that can be told to you generically like that either.

It is a product that has little or no coverage on comparison sites (they prefer the PPI version of income protection. No underwriting at point of sale, simple online application and easy commission. The PHI version with many providers is still paper based.