Why Income Protection May Be The Insurance Of The Future
We currently live in a consumer society in which materialism runs riot, much to the delight of credit card and loans companies. More and more people are falling into debt today, and heavy debt at that, because we have to have certain objects and status symbols. If the income of a household is cut in half, or even in some cases eradicated, then it would be hard to cope with the financial loss, but income protection can prevent stress and anxiety if an individual were to be made redundant or have time off through sickness.
Financial advisers are advocating the benefits of income protection because they can prevent families falling even further into debt or finding that they can no longer make the repayments. For example, a working mum may earn two thirds of what the patriarch in the family earns but that sum may be just enough to keep the household above water. If she were suddenly become unable to work due to a long term illness or accident, then how on Earth would the family be able to eat, keep warm and even maintain the roof over their heads without her income? The solution could be income protection...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
