Guide to Income Protection Insurance – part 5 of 5
Hopefully by reading the moneysupermarket.com income protection insurance guide you will have an informed opinion about whether income protection is right for you. If it is, then there is one key factor to finding the right policy.
Take a complete look at the market
Income protection has caused controversy because loan and credit card companies can charge ridiculous rates of cover. Do not treat income protection as an add-on - shop around for the best deal.
At moneysupermarket.com we have an income protection price comparison tool, which will compare more than 40 income protection plans in minutes. Just enter your details and it will offer an overview of the market showing the cheapest income protection policy based on your needs.
This form of insurance certainly has its uses as long as you are smart. Think ahead, don't treat it as an add-on and buy your policy separately from your card or loan and you should find good value protection and peace of mind.
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