If you were single and earning an MPs salary it could be a bit of a no brainer - could you get a other equally or better paying job within a few months? Considering you have been a politician for the last 5 years not an SME in whatever field?
If you had a family on that salary, unsure. If you agreed it with your other half as a planned move, maybe?
Think of it as a safety net, if you lose the election you lose your job… But the winnings of that bet would then help you out.
If you win, you keep your reasonable lucrative job, no problem.
I think to most people if you can afford a “flutter” of eight grand you can afford not to be an MP.
If you were single and earning an MPs salary it could be a bit of a no brainer - could you get a other equally or better paying job within a few months? Considering you have been a politician for the last 5 years not an SME in whatever field?
If you had a family on that salary, unsure. If you agreed it with your other half as a planned move, maybe?
A very good illustration of why all types of insurance are just gambling.
That’s a fair point.