Income protection is the more vital cover for everyone
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In response to the news that almost one-third of new mortgages do not have life cover associated with them, according to Defaqto research, I think this should be more focussed on those who don’t have income protection.
There can often be many good reasons for not having life insurance, for example, if you are single with no children. But income protection is a necessity for those who relies on their income to maintain their lifestyles - and isn’t that just about everyone?
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