Don't get so carried away with sorting out your future that you forget what might be just around the corner.
That's where the fifth step comes in. Yes… it's time to talk about insurance.
The basics
- Always shop around for insurance
- If you're a homeowner, you'll need buildings insurance Buildings insurance
- Contents insurance protects your possessions – don't under insure Contant InsuranceContents insurance
- If you have a car, you have to have motor insurance Motor insurance
- Income protection insurance or critical illness cover could help pay the bills if you're ill and can't work Income protection insurance Income protection insurance
- Life insurance pays out a tax-free lump sum to your dependants when you die Life InsuranceLife insurance
- If you pay into a pension you'll almost certainly get tax relief on
your contributions Get tax relief on your pensions contributions Get tax relief on your pensions contributions
- Buying your own home is a tax-efficient investment Invest in propertyInvest in property
The arrow icon () will take you to the relevant area within the story or feature article.
) will take you to the relevant area within the story or feature article.The whole story: Protect yourself
Look after yourself, your family, your money and your stuff. It's time to talk about insurance.
Feature article: Manage your tax
There's another side of protection to consider and that's protecting what you have from the taxman. This isn't sharp practice, it's common sense.
Tax rules may change in the future.
