Income Protection Insurance

Tim was an amazing footballer and when he was young signed for the local team, Arsenal and played for the schoolboys through the ages of 15, 16, 17, 18. However when he played for Arsenal he was earning minimum wage and Tim suffered a freak accident that stopped his playing career and forced him to retire from football at only 19. Whilst Tim did not have any income protection insurance he did have savings and youth on his side. If for example the same accident happened to a middle aged self-employed worker there would be no income protection and there would be serious affects for the person both financially and emotionally. Tim had not only to come to terms with retiring at such an early age but also the fact that he would never make it as a professional. His advice from this setback would be to purchase an insurance policy which protects against accidents and unforeseen events occulting in respect to employment.

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