01 Aug 2019
Why Income Protection is the foundation of retirement planning
By Janice Roberts
Based on traditional industry practice, the approach to Disability cover has predominantly favoured selling Lump Sum benefits over monthly Income benefits. The stats back this up: 77% of Disability cover sold is a once-off lump sum, as opposed to 23% being Income benefits. That’s according to the True South Disability Study, commissioned in 2017 by...