Irish Independent: Your Questions: We’re expecting another child, so should we get income protection cover?
0The birth of a child is a regular trigger for evaluating one’s financial well-being. Mortgage protection means your mortgage could be cleared if you were to pass away.
According to Sara Murphy of Royal London, income protection is designed to pay you a monthly amount, linked to your salary, if you were unable to work due to an accident or illness for a sustained period.