Do you ever wonder how you would manage to pay the bills if you or your partner were unable to work for a while? This might be because of redundancy, or worse, one of you could become unwell or injured in an accident which would mean that you couldn’t work.
It’s not a nice thing to think about, but it’s important, especially if you have monthly financial commitments such as mortgage or rent, or have children to support.
Even if you have some savings set aside, these could disappear quite quickly once they are being used to pay for your monthly outgoings, food shopping and transport costs.
Ok, so now you are aware of why you might need to protect yourself and your loved ones but what policies are out there to help you do this?