In the last decade the world has seen the worst economic downturn in world history. As a result, more nad more people have lost their homes, their cars, and more employees have been laid off.
In these times of trouble and uncertaintiy, it is essential that you have peace of mind when it comes to your income and quality of life for your family.
If you work with your h ands or outdoors, it is possible that you may get sick or injured. In this unfortunate event, you may begin struggling to pay the bills. Imagine if all of a sudden you could no longer pay your bills. How long would you be able to make payments? How long would it be before you defaulted? The answer most people is unfortunately much sooner than they woud like.
It is times like these that make investing in an income protection policy. In the event of an ilness or injury you will be reinbursed by your tailored plan.
Income protection insurance has numerous advantages. Payments are payable as soon as a policyholder becomes incapacitated. Benefits are also paid regulary on a weekly or monthly basis, and are tax-free. Income insurance is also very secure as a insurance comapny can not cancel a policy as long as the policyholder pays the premium.