Income Protection

Income protection insurance is a policy that provides a regular income if the policyholder is unable to work due to illness or injury. 

This type of policy is tax deductible, which provides great value. It typically covers a percentage of the policyholder’s earnings, ensuring financial stability by helping to pay for living expenses and bills until they can return to work or reach retirement age. 

The coverage can vary in terms of waiting periods and benefit durations. This is a type of plan known as a protection plan.