Major rip-off
DAILY EXPRESS - 9TH MARCH 2005
Major insurers continue to rip-off their customers by charging them extortionate premiums for income protection cover should they be unable to work.
Some workers want this kind of cover to give added peace of mind if they lose their job – but prohibitive cost means many people are put off so Burgesses Income Protection, a broker product which charges just £3 per £100 of income cover, is to be welcomed.
Unlike most of these policies, it does not discriminate against the self-employed and short term workers who often need it the most. Protecting a net monthly income of £800 for example would cost just £24 – it could be money well spent.
