Protect Your Income Before It’s Too Late
June 4th, 2009 (9:00am) Georgina Laidlaw 4 CommentsTweet This (10)
What would you do if, as soon as you finished reading this blog post, something happened that stopped you from working? How would you manage?
Recently, a friend of mine who runs his own business from home found himself faced with this very question. Out of the blue, he was hit by a medical emergency that stopped him from working. His partner didn’t earn enough to pay their mortgage on her own, let alone support them both and pay his mounting medical bills. Things were looking grim, and the financial questions only added to the stress of an already extremely stressful and emotional situation.
This really made me think about what I would do if I had some kind of health issue that stopped me from earning. In many countries, if you become unemployed, you can register for benefits that ease the financial strain. But if you get sick or have some kind of accident, you can’t claim unemployment. Read the rest of this entry »
Tags: income protection, insurance, IP insurance

