Why You Need a Protection Policy

A protection policy can be a vital financial lifeline in difficult times. But do you need income protection, critical illness cover or life insurance? We look at the differences

Grace Oliver 30 June, 2020 | 1:07PM

Piggybank

Whenever you speak to a financial adviser, the first thing they are likely to suggest is some form of protection policy. After all, there’s no point trying to accumulate and preserve wealth if you are not protecting it.

We are living in unprecedented times and many industry experts and analysts believe a recession is imminent. So, what are the best types of protection to consider in the lead up to potential economic turmoil, considering we are also in the middle of a global pandemic?

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About Author

Grace Oliver  Grace Oliver is a freelance financial journalist

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