Phil Thompson

speaker

1,592 appearances 4 recordings 3 series first heard Apr 2026 last heard 25 Aug

Phil Thompson’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 4 in all, peaking in Aug 2026 with 1.

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She's On The Money · Personal Insurance & Chronic Illness: What’s Included & What’s Changed? · 25 Aug 2026 podcast

And so it's the same when it comes to income protection.

So but it is important to make sure, okay, if we are depleting our sickly.

our annual leave for endo treatment, that we make sure we are setting up our insurances should another chronic illness happen in the future or should something else pop up that is unexpected.

So definitely considering for young 26-year-old, income protection for my mind is the most important thing, making sure that lasts till age 65, because if you do have a chronic illness that is lasting for a really long time,

time, then you're covered for a really long time.

Your value of your income is massive for a twenty six year old.

Yeah.

Coming back to our stats in our business, we've had 16 claims for income protection.

Uh actually, trauma is 19 different claims.

Yeah.

I prefer income protection.

It it covers your income.

It is the basis of our wealth creation, is our income.

And so protecting that is the basis of everyone's financial goals.

Should be income protection.

Well, in terms of the stigma or not wanting to claim, this is very common.

I don't want to claim because my premiums will go up.

The great thing about life insurance and income protection, if you claim, your premiums aren't going to go up after you come back because they're not allowed to.

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