I read that article as well and thought it very lazy journalism. I would agree with Stevie that income protection is an excellent product and even redundancy cover can be well worth while if taken out in the correct context. I processed a claim for a client about 2 years ago, The company handled the claim brilliantly and it looks like the client will be out of work for a long time. Without the benefit that this policy is paying her, she would probably have to have sold her house by now (By the way, I am a broker so I need to declare an interest here)