Kirby Mardle, chief finance officer at Dentists’ Provident, said, “Income protection plans are typically thought about at significant life milestones such as taking out a mortgage or starting a family, but a change to a person’s job is equally important.
"Within the dental profession, we are seeing more people making the move to private dentistry which means losing the safety net of their NHS sickness pay. Combined with this, many are re-evaluating their cover post-pandemic and their perception that sickness and accidents only happen to others.”
It’s the fourth year the Income Protection Task Force (IPTF) has run the annual awareness campaign. It aims to highlight the importance of people being insured against the risk of not being able to work if they become ill or injured.
“It helps you maintain your lifestyle without depleting your savings, relying on your family or the welfare state for financial support, as it will provide you with a regular payment to help replace the income you lose. We are proud to continue to be working with the IPTF in raising awareness of the importance of income protection”.
The IPTF’s members are businesses from across the financial services industry, involved in income protection insurance in the UK. Dentists’ Provident, along with more than 30 other businesses from across the insurance industry, are supporting the IPTF’s mission to raise awareness of the value of income protection through the campaign.
The campaign was launched in June 2024 with ‘100 days to go’ and it’s #LetsTalkIP social campaign leading up to IPAW.
Andrew Wibberley, co-chair of the IPTF, said, “Getting your income protected as soon as possible is incredibly important for your future.
“In this year's Income Protection Awareness Week, we'll keep spreading the message that the risk of needing to take time off work for health-related reasons is significant, and the ability to protect yourself against the financial consequences of this, is simple and vital to any financial plan.” References available on request.