Questions and Answers
Statistics show that a 30-year-old person is more likely to be off work due to illness or injury for a long period than to die before they reach the age of 65. If you had to give up work due to illness or injury, you would still have to pay your regular bills, such as mortgage and loan repayments and household expenses.
However, you would also have the additional financial burden of extra medical costs. With this in mind, could you maintain your current standard of living while you were out of work? If the answer is no, you need income protection.