Jay* was in her mid-thirties and earning £45,000 a year. She thought she’d everything covered with Critical Illness, Life Assurance and Private Health Cover. Suddenly she fell ill with a debilitating (but not critical) illness which would mean she’d spend the next 22+ months out of a job. She lost her regular salary. Instead of bringing in £2,700 a month after tax, she received £365.60 Employment Support Allowance each month. Can you afford to do the same?
Jay now says that Income Protection is the one insurance she wishes she had. Her husband has now taken out cover with Penda. He says it gives him peace of mind.
