Paymentshield protects payments
An income insurance product that insures against payments has been launched by Paymentshield
IncomeShield provides protection for any of the policyholder's financial outgoings and can be sold as a standalone product or in conjunction with other insurance and protection products.
Paymentshield chief executive Tim Johnson said: "Financial intermediaries have been crying out for a flexible income insurance product that is not tied to a mortgage or loan but that can be used to cover a raft of financial outgoings including rent, council tax, school fees and even gym membership or the daily
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