Summary

Insurance salesmen have made sure that millions of us have insurance policies to cover us for everything from private medical care and critical illness to payment protection for loans and credit cards. All these policies have their place, but where most of us are lacking is in the field of Income Protection (IP).

Income Protection - Some Basic Facts

Income Protection defined

If you are become disabled as the result of an accident, or have to retire on medical grounds following injury or illness, IP will provide you with an income on a regular basis, usually up to 50 to 60 per cent of your earnings.


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