IPAW 2022: The case for income protection for business owners

Day Three of Income Protection Awareness Week

John Brazier
clock • 2 min read

On day three of Income Protection Awareness Week 2022 (IPAW), Lee Thomas of Pangea Life examined the case for wealth advisers to engage with executive income protection and group income protection when talking to their clients.

"These aren't just simple alternatives; they are sometimes the best alternative or the only solution." This was the verdict of Lee Thomas during a presentation focusing on the importance of executive income protection and group income protection (GIP) products for wealth advisers when reviewing what cover is available for business owners. Reviewing the benefits of what these types of products can offer employers or those that are self-employed, Thomas said that they can often provide better outcomes and more comprehensive levels of cover that individual IP policies. Looking at what...

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