They say most people fail their healthy New Year’s resolutions by 12th January. We know that your health is never guaranteed, however ensuring you have the right cover when you need it may be more cost effective than you think.
The idea of ‘protection gap’ is defined by professionals as ‘the shortfall in the level of cover necessary to maintain the current living standards of dependents’. Having a bespoke protection plan in place which is appropriate to your circumstances, could be the most important arrangement you make.
It’s all too easy to take our health for granted, with a vague feeling that the NHS will take care of us if we fall ill. But with an ageing population, amongst other factors, Private Medical Insurance, and the benefits this brings, could be something to think about?