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Income protection insurance

Posted: Thu 05 Nov, 2015 2:09 pm
by ChrisG
Does anyone have a policy that pays a monthly amount should you be unable to work through accident or illness?

Re: Income protection insurance

Posted: Thu 05 Nov, 2015 5:47 pm
by prospero
I looked into this at one time and came to the conclusion that if you put the money you would have paid in premiums into a savings account as a disaster fund you would be a whole lot better off. :P

Things may have changed, but at the time you couldn't just specify an amount that you would like be paid out. There were strict limits.