The importance of protection in planning your financial future
- 27 April 2021
- 30 mins viewing time
Our Senior Investment Writer and Analyst, David Ryder, is joined by our Head of Products, Jess Miller, and Alun Beynon from Protection Distribution at Scottish Widows Protect. Together, they discuss what protection insurance is and how it works, along with the role it can play in improving the nation's overall financial wellbeing.
These protection policies have no cash-in value at any time. If you don't pay your premiums on time your cover will stop, your benefits will end, and you'll get nothing back. If the benefit amount has not been paid out by the end of the selected term, the policy will end and you'll get nothing back.
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