For individuals, there are four main types of financial protection to consider: life insurance, critical illness cover, income protection, and private medical insurance. Each serves different needs, and their suitability will vary depending on your goals and circumstances. At Betterment Wealth, we help you consider each option carefully.
What types of insurance do you recommend to protect against unexpected events?
Posted by
Jordan Hoyland
1 min read
Related Posts
-
5 important questions to answer if you’re jointly buying a home
Buying a new home with someone is exciting, and answering these questions could help ensure you’re on the same page about your mortgage and ownership. According to an article in Estate Agent…
-
Only 19% of adults are prepared for health and financial shocks
Fewer than 1 in 5 UK adults are “adequately” protected from health and financial shocks, according to Cover Magazine (4 March 2026). This means families could be more vulnerable to shocks and…
-
Are you supporting a loved one? You might need a Lasting Power of Attorney to act
Millions of well-intentioned people in the UK are helping their loved ones manage their online financial accounts, but could risk having these accounts frozen because they don’t have a Lasting Power of Attorney (LPA) in…