People with impaired lives are vulnerable and in need of protection, Nicky Bray explores why it is so important for them to take out the right cover to protect both their dependants and themselves.
We have all heard the quote from Benjamin Franklin that “In this world nothing is certain but death and taxes”. Despite medical advances, we have yet to find a miracle cure for all illnesses and so death may come earlier than expected for a proportion of the population. As household budgets become more stretched, protection may seem less of a priority. The time and cost involved is likely to put off those with ‘impaired lives’ i.e. people with significant existing medical conditions, from considering protection cover, placing it even lower down their list of priorities. However, it can b...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
