Hi,
I am considering getting income protection insurance (note: not critical illness cover), to kick in once the 13 week sick pay has expired from my work. I have been reading online about this and every thread seems to have at least one "its a scam, they never pay out" post.
Can anyone give experience of having and/or claiming for income protection? Obviously every insurance is not needed until you need it, but I'm unsure if income protection falls on the nice to have/must have category.
I'm 35, jointly own a house, with no dependents, and no debts other than the mortgage, which would be cover-able by my partner's salary. I don't smoke but have had the occasional cigar so I answered "Yes" to the smoking question. My initial quotes are in the region of E120 per month, before tax rebate.
Thanks
I am considering getting income protection insurance (note: not critical illness cover), to kick in once the 13 week sick pay has expired from my work. I have been reading online about this and every thread seems to have at least one "its a scam, they never pay out" post.
Can anyone give experience of having and/or claiming for income protection? Obviously every insurance is not needed until you need it, but I'm unsure if income protection falls on the nice to have/must have category.
I'm 35, jointly own a house, with no dependents, and no debts other than the mortgage, which would be cover-able by my partner's salary. I don't smoke but have had the occasional cigar so I answered "Yes" to the smoking question. My initial quotes are in the region of E120 per month, before tax rebate.
Thanks
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