Income protection for older person

frankiebobby

I am 68 took early retirement about 5 years ago.  I have been offered a decent job which may mean that I have to rent a flat nearer where it is.  As well as this, I want to buy a campervan for about £60k.
I would like to protect my income in case I am too poorly to work after taking on these commitments.  I have prostate cancer which is very low grade.  They are not even treating it.  As well as this I have high blood pressure (controlled) and high cholesterol (also controlled)
I am just wondering how likely it is that I would get sickness income protection in the light of the above.  I don’t mind the policy excluding the above.
Are insurers selling unemployment insurance now?  I did read somewhere that because of the pandemic this was not available.
Which would be best?  Income protection or PPI attached to perhaps my mortgage or a loan for the campervan?

Sandtree

The basic version of income protection is PPI or to look at it another way, both are a marketing name for AS(U).

The issue with ASU/PPI is the relatively short payout period of 1 or 2 years and then it stops even if you are still ill however given your age... how much longer are you anticipating working for?

ASU is sold as a non-advised, underwritten at claim product and so you can easily go onto the comparison sites and see what the quotes come back with. Certainly many pulled out of the market totally, even stopping in force policies at the first opportunity that they legally could (ASU is an annual policy rather than long term insurance like PHI). Others closed for new business or just pulled the unemployment section. Almost universally prices went up massively (again joys of a renewal). 

Put your details into a comparison site and see what they offer. Remember its a non-advised sale though and so up to you to read the T&Cs and make sure you understand how it will react given your age, medical conditions, length of employment etc.

Would have thought a decent job would have decent enough sick pay to at least cover the notice period on a flat.