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
Boris Johnson is accused of using soft words in a series of robust meetings with political parties.
Blackpool's Jake Daniels says his decision to come out as the UK's only openly gay active male professional footballer will allow him to be "free and confident".
Callum Wheeler attacked the 53-year-old after "ambushing" her in woodland while she walked her dog.
The viral infection is rare and the risk to the public remains very low, experts say.
Surging food prices are a "major worry" for the UK and other countries, Andrew Bailey warns.