It's a crock. Set up your own cooperative with a small group of trusted lads. I've got 2 other lads I'd trust with my round, cash, details etc...Was 3 but one turned out to be mental. Shame.
Has anyone got a income protection plan in place?Are they worth it, and what type of plan do you have in place.Thanks.
Quote from: Stephen.C on June 02, 2013, 08:21:52 amHas anyone got a income protection plan in place?Are they worth it, and what type of plan do you have in place.Thanks.If you are prepared to pay, say £40 per month into these policies, my advice would be put the £40 per month under your mattrerss instead. They will promise a payout of around £800 per month but if you read the small print the insurance companies will only pay out around 75% of your TAXABLE income, when you are self employed you try to keep your taxable income down, this will go against you in the event of a claim.