Most people are aware of the importance of life insurance and many also have health and extras cover. But while its common to insure the house and car, most people are less familiar in their knowledge of income protection insurance. An income protection policy is a tax-deductible insurance product designed to replace your income in…
Tag: Income Protection Insurance
The Necessity of Having Income Protection Insurance – Deducing Its Urgency
For everyone, there always lies a risk of not being able to work at one point of their life due to some injury or illness. Although worker’s compensation and sick leaves provide a certain level of coverage against such income loss, if you have adequate coverage on your income protection insurance, you will receive an…