16 million people in the UK are balancing on a knife edge, literally just one pay cheque away from financial disaster – with insufficient savings if they lose their job.

It’s the middle aged, self-employed, and older Millennials who are particularly vulnerable during a financial crisis, with many struggling to save, or strangled by thousands of pounds of debt.

Preparing for a potential loss of income is vital…income protection provides a back up when it is most needed…for paying the bills, supporting a family etc. Yet only 1 in 10 have some form of income protection – are you one of them?

Simon unpacks the issues on Money Talk this Friday at 1pm www.channelradio.co.uk/2.