Almost being dragged into the sea while racing with Skandia at Cowes Week - I was hauling in the spinnaker at the time - should have made me think I ought to have some sort of financial protection.
But it didn’t. It’s only since I became a protection reporter that I discovered I can buy insurance to give me some kind of financial help if I were to have an accident, fall ill and be unemployed. I’d heard of life cover before but always assumed it was something my parents would take out because they have overheads to worry about. I know my peers are as confused and as unaware as I used to be about what this means, and I think part of the problem might be the way messages are conveyed. It’s hard to understand what a ‘protection gap of £2.4 trillion’ really means. What gap? Isn’t prot...
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