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...

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