Insurance News
News Archive
Interactive Insurance Quote
- Life Cover
- Mortgage Life Cover
- Critical Illness Cover
- Family Income Cover
- Income Protection Cover
- Retrieve My Quote
Instant Online Quote
- Term Insurance Quote
- Mortgage Protection Life Insurance Quote
- Critical Illness Cover Quote
- Income Protection Insurance Quote
- Accident Sickness & Unemployment Cover Quote
- Life Insurance Advice
Types of Insurance
- Term Life Insurance
- Decreasing Term Life Insurance
- Critical Illness Insurance
- Income Protection
- Family Income Benefit
- Accident Sickness Unemployment
- Whole Life Insurance
- Waiver of Premium
- Cheap Life Insurance
- Mortgage Protection
- Critical Illness Cover
- Life Insurance with Critical Illness Cover
- Critical Illness Cover is it Worth it ?
- Life Insurance Info
- Best Life Insurance Deals
- Joint Life Insurance
- Budget Income Protection
- Life Insurance for Smokers
Over 50's Cover Options
Income Protection News
Companies not preparing for the unexpected
People in employment may want to cover themselves against possible redundancy and loss of income following revelations that a good percentage of their employers risk succumbing to the recession due to the way they operate.
Research from Scottish Widows has revealed that many businesses in the UK are not doing enough to shield themselves from the unexpected, which underscores the need for people to put in place their own protection mechanisms.
Such mechanisms include taking out products such as income protection insurance or accident sickness and unemployment cover, which can come in handy should a person lose their source of income in the event of a company going under.
According to the research, despite the fact that three in five UK businesses admit that they would not be able to survive if they were to lose a key employee, four in five (81 per cent) depend on such important persons.
More worryingly, 67 per cent of businesses do not have any key employee insured with life cover or critical illness protection, which could leave them badly exposed if the person was to be taken ill or die.
These findings highlight the importance of people having their own fallback plans, which can guarantee some continuity in earnings.
Do you want advice on Income protection insurance?
After looking through the income protection insurance information if you would like Income protection Advice, complete our life insurance enquiry form and we will contact you to discuses your income protection insurance and protection needs.
You may also be interested in:
- Accident Sickness Unemployment Explained
- Term Life Insurance Explained
- Critical Illness Explained
- Life Insurance Advice
- Mortgage Types Explained
- Mortgage Top Ten
Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd.
Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales Company 5703224. FCA Number 456600