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The Life Insurance Market

Tuesday, August 17

Income protection cover need for Scots @ 04:18 PM


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More Scottish people should think about getting income protection cover, after new job figures suggests the employment market has gone into reverse.

Economic consultancy firm Markit found that permanent jobs declined in July, while the growth in temporary job number slowed.

As a result those who have had to give up jobs due to illness or injury may find it harder to get back into employment, so income protection cover could help them pay for bills and other essentials.

Donald MacRae from the Bank of Scotland points to "previously inactive workers return[ing] to the jobs market again during July, resulting in the number of candidates seeking employment rising at marked rates."

He adds that overall, last month was "challenging" for the Scottish employment market.ADNFCR-3251-ID-19926581-ADNFCR -- 0 comments: - Post your own comment

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