Tag Archives: income protection

Personal Finance Questions – April 2009

In this new feature we will answer some of the many questions we have been receiving from visitors to shrewdcookie.com. It is often said that if you ask a question chances are that many other people also want to ask that very same question.

Although we receive a large number of personal questions we have to remind you that we do not give financial advice on this website – we encourage you to visit an independent financial adviser, solicitor or accountant if you wish to discuss any particular course of action which may be prompted by an article you read on our site.

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Critical Illness Cover v Income Protection

In this article we will compare income protection insurance to critical illness cover and consider how they can be used together to protect your financial position.

Many people ask whether it is more appropriate when considering insuring against ill health to take out income protection insurance or critical illness cover.

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Income Protection Insurance (PHI) – an introduction

Many people have heard of income protection – yet many remain unsure exactly what it is and how it can be used to protect their family and themselves.

As the name suggests, Income Protection Insurance, previously known as Permanent Health Insurance (PHI), is a type of insurance which is designed to replace lost income in the event of long term illness or accident.

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