IPAW 2022: Keep protection in place 'no matter the cost'

Day One of Income Protection Awareness Week 2022

Hemma Visavadia
clock • 2 min read

The Income Protection Task Force (IPTF) began this year's Income Protection Awareness Week (IPAW) by speaking to Tracey Clarke from the Seven Families project about her experiences and the need to maintain IP cover "at any cost."

Speaking to IPTF co-chair Jo Miller, Clarke expressed regret over cancelling her income protection cover during a period financial hardship, which left her family vulnerable and needing to revaluate its financial dependencies. During this time, her family made the tough decision to cancel their protection policies as they prioritised "keeping food on the table". However, having cover in place would have been particularly useful to Clarke after she lost her eyesight unexpectedly, forcing her out of work. When her partner Tim became redundant and the family faced bankruptcy, she said th...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Cirencester Friendly joins ABI

Cirencester Friendly joins ABI

IP awareness

Cameron Roberts
clock 24 April 2024 • 1 min read
Stonebridge adds new Homeowners Income Protection to offering

Stonebridge adds new Homeowners Income Protection to offering

Partnership with Wessex Group

Jaskeet Briah
clock 16 April 2024 • 2 min read
Dentists' Provident releases annual report

Dentists' Provident releases annual report

£5.2m paid in sickness claims

Cameron Roberts
clock 12 April 2024 • 1 min read