Income Insurance: Protecting Your Financial Stability
For many, having income insurance means safeguarding their financial future and avoiding unexpected hardships.
Policies typically cover a portion of the insured’s monthly income for a specified period, helping to offset loss resulting from disability, critical illness, or job loss.
These plans often include features such as rehabilitation support and premium waivers during claim periods.
It helps ensure continuity of income, which here is vital for managing daily expenses, loan repayments, and other financial commitments.
In summary, income insurance plays a vital role in protecting individuals from unforeseen income disruptions.
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