| Income protection
Hello
This maybe of some intrest, there was good artical in The Independent last Saturday, about a motorcycle courier looking for income protection insurance.
Working in a high risk job he was finding it hard to get cover for a financial cushion if he was unable to work.
I have been thinking about this as I do not have a policy in place, and with some TD's planned this year wanted to find out more, and if indeed it is possible to get cover knowing I will be taking my bike on the track.
I phoned "www.lifesearch.co.uk" on 0800 316 3166 to inquire and they quoted me £36.65 per month upto 60yrs at a payout of £1000 tax free which kicks in after two months out of work, and they are ok with the fact I do the odd track day.
This seemed a fair price although I am still looking around as I would like to put some form of insurance in place, more so to cover my mortgage.
My company has a policy regarding so many days on full pay then so many days at half pay, but need to look into it more.
Any thoughts would be most helpful, I maybe wrong but, Income protection is one insurance that gets over looked by most.
regards
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