Income Protection / IPSE Tax Cover - what's most worthwhile?

[eek]

Funny guy. I'm more of an Amex cashback chaser. I've never made full use of IPSE Perkbox but know that many people do use it sufficiently well to pretty much recoup their membership fee.

I can't remember how you set up your Perkbox account (it may be SSO) but you go here https://ipse.perkbox.com/welcome/login (you may need to log into IPSE first then find the link under View Benefits / Your Exclusive Discounts / IPSE Rewards). You essentially buy gift vouchers for, say Currys, when you need to buy something and you'll pay 7.5% less for that gift voucher.

Having just logged into Perkbox for the first time in months, I see the navigation is even worse than it used to be - they must have been taking tips from the IPSE web designers.

It was equally I'm not an IPSE member - so I couldn't comment.

[BigLadFromBeeston666]

Thanks all. Given me a new perspective. Going to:

• Keep Relevant Life Insurance
• Sack off Income Protection; have a warchest and fat SIPP instead
• Get IPSE Plus

[eek]

Thanks all. Given me a new perspective. Going to:

• Keep Relevant Life Insurance
• Sack off Income Protection; have a warchest and fat SIPP instead
• Get IPSE Plus

SIPP isn't much use as you can't extract money until you are 57 (as it changes soon to be 57 from 55).

If you need income protection you want itto fill in between the time the warchest runs out and the time you can start extracting from the pension

[BigLadFromBeeston666]

SIPP isn't much use as you can't extract money until you are 57 (as it changes soon to be 57 from 55).

If you need income protection you want itto fill in between the time the warchest runs out and the time you can start extracting from the pension

If one becomes terminally ill, or has prognosis of that nature, then a SIPP is accessible early. As is Relevant Life Insurance.

However, if one is injured or otherwise simply unable to work, the above doesn't apply. In this instance having Executive Income Protection would help.

The above is my understanding of the options.