Everyone has heard of income protection but is it something we should all have or is it a luxury if you have spare cash? The thoughts of being ill or injured at some point in the future and being unable to work is quite daunting. Life unfortunately can be quite unpredictable, so our advice would be to be prepared. If you had to stop working tomorrow due to illness or injury would you be able to survive without your income? If the answer is no, then it is likely that you would need some level of income protection to replace your existing income.