New campaign highlights dangers of not protecting your income

Gillian Cooper
Insurance news
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A leading disability charity has joined forces with the insurance industry for a campaign to highlight the financial impact that long-term illness can have.
The Disability Rights UK initiative features the real life examples of seven British families, including former pharmacy technician Tracey Clarke.
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Tracey, who is suffering from optic nerve atrophy, and her husband were forced to sell their house to stave off bankruptcy.

She told the Daily Mail that lack of income protection has made it difficult to overcome monetary challenges, adding: "I wish I had taken out cover when I was working, but I didn’t know it was available."

Income protection pays out a monthly tax-free sum when policyholders are unable to work because of accident or sickness. According to the newspaper, only three million people have the insurance, despite its obvious benefits.

More information about the Seven Families campaign can be found on its website: 7families.co.uk.

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