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The Money Compass - What is Income Protection?

What is Income Protection?

The Money Compass

10/22/20 • 13 min

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In this episode, Emma Becky and Julie navigating their way through Income Protection. Discussing the key points including deferral periods and sick-pay amounts, this week’s podcast is a real expedition!

Podcast formerly Your Recipe for Financial Success.

Visit themoneycompass.co.uk for more information on this topic, news and more episodes.

10/22/20 • 13 min

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The Money Compass - What is Income Protection?

Transcript

Becky Campion

In today's episode we are going to be sifting through the ingredients that you need for Income Protection. So, Emma why don’t you start off by telling us what Income Protection actually is?

Emma Knights

Income Protection, or some people might know it as Permanent Health Insurance does just what it says on the tin. What it does is protect your income if you can't work, whether it be through illness or injury. It means you will have an income which is going t

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