It might be a tough question for a lot of pet lovers out there!
The costs of veterinary bills for a sick pet can often run into the hundreds if not thousands of pounds, so people in the #Lancashire area rightly take out pet insurance to cover them against the costs.
However, fewer people take out cover to provide an income or lump sum for themselves in case they or their partner get sick? This needs to change!
The following insurance cover is available to us humans;
Income Protection Cover
Regular income protection cover, which pays you a regular monthly tax free income to replace your monthly wage if you are off work due to accident or sickness, to help you meet the ongoing costs of running a family home until you get back on your feet
Critical Illness Cover
Critical Illness Cover will normally pay you a lump sum if you are diagnosed with a critical illness, such as cancer, heart attack, MS or a stroke.
The cost to a family of veterinary bills for a sick pet can cost thousands of pounds, however a sick parent’s impact on the family finances can be extremely hard to recover from.
It’s extremely important to take out cover on the whole of your family, not just your pets.
Want to talk this through?
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This article is for general information only. It is not personal advice and it is not a recommendation. The value of investments and the income from them can fall as well as rise and you may get back less than you invested. Past performance is not a reliable indicator of future results. Tax treatment depends on individual circumstances and may change. Fernleigh Wearden & Company Ltd is authorised and regulated by the Financial Conduct Authority, firm reference number 929372.
