Permanent Health Insurance (PHI) if you are unable to work due to any illness, accident or injury.  It will continue to pay you an income until you are well enough to return to work, or if not, until your retirement age.

Your income is probably your most important asset.  It funds your whole lifestyle from what’s in your fridge to where you go on holidays. Your children depend on it from birth, right through to college and often beyond.

Income Protection is more competitive than you may think – the younger you start the less it will cost.  And remember your premiums are eligible for tax relief at your marginal rate of tax.