This type of cover can pay out a (tax-free) lump sum on the diagnosis of certain life-threatening or debilitating illnesses, or if you have to undergo certain types of surgery.
Life and Protection Insurance
Life and Protection Insurance policies can protect you and your family from the financial consequences of death, a serious accident or illness, or unemployment.
Income Protection Insurance is designed to pay you a regular tax-free monthly income if you become unable to work due to illness or injury.
Life Insurance (sometimes known as Life Assurance) helps provide financial security for people who depend on you, should you die.
Payment Protection Insurance and Short Term Income Protection Insurance can provide a monthly income to help cover your regular outgoings if you can’t work due to an accident, illness or injury.
Far from being a luxury, Protection Insurance should be considered essential, especially if you have a family or people that rely on your income.
UK News
Lenders have hiked rates on new deals and withdrawn products as war creates uncertainty in the markets.
The chancellor tells the BBC she wants the "pattern to end" while also pledging closer ties with the EU.
It comes after the war in Iran caused mass disruption to flights across the Middle East and UAE.
There will also be additional checks on railcards during a trial to crack down on fraud.
The escalating war in Iran has overshadowed many of the US' foreign policy objectives