PROTECTION INSURANCE – AN ABI CONSUMER FACTSHEET
Personal debt has reached a record high. The average UK household has
debt, including mortgages, totalling some £56,234. With median annual
earnings at £23,764, this is a worrying trend.
With the economy looking less stable, more people are becoming concerned
about how to protect themselves and their families should they find
themselves unable to keep up with loan repayments, perhaps through
unemployment or ill-health.
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UK loan protection insurance gives you an income each month so you are able to continue paying your loan repayments and not get into debt if you were to come out of work through an accident, sickness or unemployment.

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