Critical Illness/Income protection insurance cover

[flipFlop]

I do find myself puzzled when I come across a client who has contents insurance on their property, mobile phone insurance, pet insurance or any other form of insurance which isnt compulsory yet they dont consider insuring one of the most important things to them, their life and health as a priority.

What possible benefit to me - rather than to you - is it for me to be "insured" if I am "critically ill"?

[SueEllen]

I do find myself puzzled when I come across a client who has contents insurance on their property, mobile phone insurance, pet insurance or any other form of insurance which isnt compulsory yet they dont consider insuring one of the most important things to them, their life and health as a priority.

It's not so puzzling - have a look at the various pension scandals, stories where people have had difficulty claiming on contents or pet insurance and the problems people have had with car insurers then you can see why members of the public don't believe income protection policies will pay out if they are ill.

[kal]

A friend of mine had just such a policy, paid out for 2 yrs while he was treated for cancer, he still swears that its the best £50 a month he has ever spent (he is fine now btw and back at wk!)