{"id":546,"date":"2022-02-04T12:46:24","date_gmt":"2022-02-04T12:46:24","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=546"},"modified":"2022-02-04T12:53:17","modified_gmt":"2022-02-04T12:53:17","slug":"starting-your-protection-journey-in-2022","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2022\/02\/04\/starting-your-protection-journey-in-2022\/","title":{"rendered":"Starting your protection journey in 2022"},"content":{"rendered":"
\n

If the past few years have taught us anything, it\u2019s that\nwe never know what\u2019s around the corner. That\u2019s why the new year could be the\nperfect time to reconsider your protection needs.<\/strong><\/p>\n<\/div>\n\n

\n

If you don\u2019t currently have protection insurance, the best\nplace to start is to ask yourself these questions:<\/p>\n<\/div>\n\n

\n
  • How long could I pay my rent\/ mortgage and bills\nfor if I lost my income?<\/li><\/ul>\n<\/div>\n\n
    \n
    • Does my employer offer any benefits such as\ngroup income protection or company sick pay?<\/li><\/ul>\n<\/div>\n\n
      \n
      • What would the impact be on my family or\ndependants if I was unable to work?<\/li><\/ul>\n<\/div>\n\n
        \n
        • Do I have outstanding debt that I may default on\nif I lost my income?<\/li><\/ul>\n<\/div>\n\n
          \n

          The more financial commitments you have, and the less\nsupport you get from your employer (or if you are self-employed), the more\nsense it makes to take out protection insurance.<\/p>\n<\/div>\n\n

          \n

          It doesn\u2019t have to cost the Earth<\/strong><\/p>\n<\/div>\n\n

          \n

          When it comes to protection insurance, there are a few\noptions to consider:<\/p>\n<\/div>\n\n

          \n
          • Life insurance, which pays out a lump sum if you\ndie during the policy term<\/li><\/ul>\n<\/div>\n\n
            \n
            • Critical illness cover, which pays out a lump\nsum if you are diagnosed with a specific serious illness listed in the policy\nwording<\/li><\/ul>\n<\/div>\n\n
              \n
              • Income protection insurance, which pays out a\npercentage of your current monthly income if you are unable to work due to\nillness or injury.<\/li><\/ul>\n<\/div>\n\n
                \n

                Many of these options are not as expensive as people think\nand, for an affordable monthly premium, you could enjoy the peace of mind that\nincreased financial security brings.<\/p>\n<\/div>\n\n

                \n

                It is\nimportant to take professional advice before making any decision relating to\nyour personal finances. Information within this article is based on our current\nunderstanding and can be subject to change without notice and the accuracy and\ncompleteness of the information cannot be guaranteed. It does not provide\nindividual tailored investment advice and is for guidance only. Some rules may\nvary in different parts of the UK.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

                If the past few years have taught us anything, it\u2019s that we never know what\u2019s around the corner. That\u2019s why the new year could be the perfect time to reconsider your protection needs. If you don\u2019t currently have protection insurance, the best place to start is to ask yourself these questions: How long could I […]<\/p>\n","protected":false},"author":12,"featured_media":547,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/546"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=546"}],"version-history":[{"count":1,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/546\/revisions"}],"predecessor-version":[{"id":548,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/546\/revisions\/548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/547"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=546"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}