Protection policies should provide comfort and financial security, generating a supply of money when it is needed most.
Your house, contents and car are normally insured for their replacement value. Your income can be insured in the same way, without your income how will the other items be paid for?
There are genarally three circumstances where personal protection policies are particularily appropriate.
The table below sets out when the different protection policy types would normally be considered. This is only for general guidance, and should not be viewed as specific advice for you.
| Type of Policy | Income Protection Policy | Critical Illness Policy | Mortgage Protection Policy | Life Cover Policy |
Mortgage no Dependents | Y | Y | | |
No Mortgage but Dependents | Y | Y | | Y |
Mortgage and Dependents | Y | Y | Y | Y |
For details of basic State Benefits, and further protection information, go to our protection sites page.
