Income Protection Cover
What is Income Protection Cover?
Your income is often your biggest asset and losing it can turn life upside down. If you’re unable to work—either temporarily or permanently—because you’re sick or injured, Income Protection Insurance will provide you with money to live on as a monthly payment while you’re not receiving your salary or wage.
Why do you need Income Protection Cover?
Living without income is the biggest burden you and your family will have. Income Protection Cover provides you with a regular monthly payment to help replace your income if you are not able to work due to illness or injury. It takes you through the tough time.
How much Income Protection Cover do you need?
Again this is different for every individual’s situation, this has to be tailored accordingly. Team Finance Matters can help you with this.