Updated: Jul 24, 2020
How would you pay the bills if you were sick or injured and couldn't work?
Being unable to work can quickly turn your world upside down. If you couldn't work due to an accident, sickness or redundancy, you may need to support yourself financially for a long period of time.
There is a growing unease about the economic fallout of coronavirus (COVID-19), with many businesses laying off contractors and putting staff on extended leave, as well as natural worries about contracting the disease.
No one likes to think that something bad will happen to them, but if you couldn’t work due to a serious illness, how would you manage financially? Could you survive on savings or sick pay from work? If not, you may need some other way to keep paying the bills – and you might want to consider income protection insurance.
You might think this may not happen to you, and of course we hope it doesn't, but it's important to recognise that no one is immune to the risk of illness and accidents.