- The number of people off work due to illness is increasing
- Income protection can provide reassurance, but check your policy’s features carefully
- Falling back on your savings is not always a viable alternative
Advances in modern medicine have helped average lifespans increase dramatically over the past half-century. But 'health spans', the proportion of a person’s life enjoyed in good health, have failed to keep up.
As the retirement age rises, an increasing portion of the population will find themselves working while having to navigate serious health conditions, or facing the prospect of leaving the workforce due to illness.