Tracey Clarke: 'We regret cancelling our IP policy'

'One of the first things to go'

clock • 1 min read

IPTF highlights Seven Families story to act as a reminder of the importance of income protection

The coronavirus outbreak means that many people are currently facing financial hardship and uncertainty. In response, many will be reviewing their outgoings and deciding to cut back on non-essential spend. In a recent radio interview, Tracey Clarke shared how she and her husband Tim had done just that, cancelling their income protection policy when Tim was made redundant. "It was one of the first things to go and now we look back and really regret it. It's not just about protecting your income, it's so much more that isn't available from the State," said Tracey. The Income Protecti...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Working2Wellbeing joins IPTF

Working2Wellbeing joins IPTF

Eighth member for 2025

Cameron Roberts
clock 04 April 2025 • 1 min read
The return of redundancy cover and its importance

The return of redundancy cover and its importance

Demand looks set to remain high

Kesh Thukaram
clock 02 April 2025 • 3 min read
Interactive video: Addressing client income protection concerns

Interactive video: Addressing client income protection concerns

How do you engage with clients to help them understand the value of income protection?

Scottish Widows
clock 14 March 2025 • 1 min read

Loading page