Income Protection Insurance is one of many types of insurance policies available in the UK.
Income Protection Insurance is also known as Permanent Health Insurance or Income Replacement Cover.
This type of policy comes in many variances but in its simplest form it is a policy that pays out an income in the event of the insured being unable to work through accident or illness.
Income Protection Insurance is available in the UK from many insurance companies to both the employed and self employed. Such a policy pays out part of your income in the event of you being unable to work through accident or illness after a waiting period until you either go back to work, die or retire.
Income Protection Insurance is different to Critical Illness Insurance as the latter normally pays out a lump sum in the event of you being diagnosed with a specific critical illness.
Income Protection Insurance is particularly beneficial to the self employed as, in the event of them being unable to work through accident or illness, their income will often cease immediateley whereas an employed person will often be paid by their employer for several weeks/months in such an...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
