Cover yourself properly to ensure you earn even while ill
About seven out of 10 people will suffer a temporary disability in their lifetimes and an income protection policy helps ease the burden
25 June 2019 - 05:05
Not all income protection policies are created equal, and being aware of key features to look out for can avoid disappointment and a financial shortfall at claims stage.
An income protection policy pays out your income, or a percentage of it, when you are unable to work. It typically offers better protection against loss of income than a lump-sum disability cover, but you need to navigate some policy pitfalls...
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