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If you have life insurance, you’re less likely to take out income protection – but do you need both?

Most of us will take some form of protection insurance out at some point in our lives, to ensure the family finances are secure if a breadwinner becomes too ill to work – or worse. But new research has revealed that those who take out life insurance are less likely to take out different types of cover – even if this means this leaves them unprotected when things go wrong…

Full Article here – https://www.thisismoney.co.uk/money/lifeinsurance/article-7907427/If-life-insurance-youre-likely-income-protection-need-both.html

Article originally published by ‘Will Kirkman from This is Money’. Greenfields Financial Management is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.