I learned the true value of getting cover
KATIE Beardsworth, 35, has taking out an income protection policy high on her to-do list. She experienced the value of such cover when she was growing up and her mother became ill with Meniere’s disease, then breast cancer, and was unable to work.
Katie is the self-employed founder of two music companies, Polyphony Arts and Mixtape Music Makers CIC, and lives with her husband and four-yearold son in North Tyneside. She plans to take out a policy to help maintain her household income were she ever unable to work.
Katie’s mother, Anne, claimed a monthly income for 15 years on her income protection policy with Canada Life, after she had to stop working as a selfemployed barrister.
‘Mum took out the policy because she was the main wage earner and my dad was 19 years older than her, and already semiretired,’ says Katie. ‘She wanted to be sure we could keep paying our bills if she became ill.
‘She had expected to be caring for my dad in his later years, but in the end it worked out the other way around.’