Provide for you and your family if you are unable to work due to illness.
The most devastating thing that can happen to most people during their working life is to become ill or disabled and be forced to live on State Benefits. Sorry if that sounds like it is being overly dramatic, but it is the truth.
What will happen if you become too ill to work? Will you be able to keep up the mortgage payments? How long will your savings last? How long will your employer pay you for? What State Benefits will you get?
Many employee benefit schemes include some Permanent Health Insurance as part of their benefits. We will be able to calculate how much cover this offers you if you provide us with your scheme handbook.
If you are self-employed or your employer does not provide income protection, then you may need to provide your own.