Barlow Irvin’s Protection Specialist, Jade Winstanley, explains what living cost protection is.
With everything increasing you may be thinking that you don’t want to be paying out on insurances. Unlike car insurance, living cost protection is a choice. BUT can you and your family afford to live on the government statuary sick pay of less than £100 per week?
Would that cover your essential bills, mortgage, debts, and car? Unlike income protection it is not tied to what you earn, only providing cover that ties in with your payslip. You determine the amount that you would need to live off (up to a maximum of £1,500 per month) and if you work in addition to 16 hours per week, it can be arranged.
This protection can provide a real short-term solution when you need it the most and Jade can adapt the protection to fit with your exact needs, including other covers if required.
Why don’t you contact Jade on 01204 304814 or through our website to discuss your requirements.