All of our future plans are based on our ability to earn an income. If that ability is taken away from us, how will we pay our bills? The State will provide benefits that are a fraction of most people’s salary. If you are unable to work for a number of months or years can you continue to pay your bills and keep life as normal as possible for your family?
Income protection is insuring your income. If you are unable to work for a prolonged period due to accident, incident or injury, you will be paid a regular income until you are able to return to work or reach retirement age.