Personal insurance often receives a lot of bad press with questions raised about the value it offers and the likelihood of policyholders being declined payouts when they make a claim.
This week I came across an article that highlighted just how important critical illness insurance can be if you are diagnosed with a serious illness such as breast cancer. The article is all the more poignant for me as the lady who shares her cancer story is a wonderful person that I used to work with and who had a lot of time for me in my early career.
Emma’s story is a great illustration of the importance of personal insurance when planning your finances but unfortunately it is often overlooked.
If you would like to know more about personal insurance I would suggest completing my free Money MOT and signing up to the free action plan emails which cover this topic in detail.
Enjoy this week's newsletter.
Damien Fahy & MoneytotheMasses are regularly quoted in the national press including
Money to the Masses Podcast
Episode 259 - On this week's show I explain the loophole in the Consumer Credit Act which means that you might not be able to make a claim against your credit card company if things go wrong with a purchase or holiday booking. I also discuss which currencies investors should be keeping an eye on and why. Finally, I reveal why and how you should challenge any parking tickets you receive.
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