Insuring Your Income
There are numerous circumstances and reasons people take out insurance. Some are mandatory like cars, property, land or any other item that acts as security against a loan, after all a mortgage is in fact a secured loan. However the take up for income insurance is so very low and industry experts are at a loss to explain why. Even mundane household objects are usually insured under the contents insurance side of the policy. The majority of people take out travel insurance when they book a holiday just in case they have any health issues while away from the UK. The question is, why do people not feel the need to protect the the thing that makes such a difference to our lives?