This type of cover can pay out a (tax-free) lump sum on the diagnosis of certain life-threatening or debilitating illnesses, or if you have to undergo certain types of surgery.
Life and Protection Insurance
Life and Protection Insurance policies can protect you and your family from the financial consequences of death, a serious accident or illness, or unemployment.
Income Protection Insurance is designed to pay you a regular tax-free monthly income if you become unable to work due to illness or injury.
Life Insurance (sometimes known as Life Assurance) helps provide financial security for people who depend on you, should you die.
Payment Protection Insurance and Short Term Income Protection Insurance can provide a monthly income to help cover your regular outgoings if you can’t work due to an accident, illness/injury or, often as an optional extra, unemployment.
Far from being a luxury, Protection Insurance should be considered essential, especially if you have a family or people that rely on your income.
UK News
Demonstrations sparked by the death of George Floyd take place in towns and cities across the UK.
Alternative street signs featuring the names of black activists and people who died in police custody appear across Glasgow.
Hospital bosses in England felt "in the dark" over changes to policies on face masks and visitors.
Many schools in north-west England will not open until at least 22 June over coronavirus concerns.
The public is told to stay away as police try to uphold lockdown restrictions.