Ultimate Guide to Income Protection Insurance
Income insurance protects you if you are unable to work due to sickness or accident. It’s a type of earnings defence cover to make sure that you get monthly pay before you retire or go back to work or until the selected term. Income protection policy is separate from serious disease coverage. Critical disease cover pays off a lump sum if you contract a life-threatening condition and Income protection policy pays you as monthly income instead of a lump sum.
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