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Does income protection insurance cover for redundancy or job loss?

SBS Gujarati

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Representational image of coins. Source: Getty Images/Witthaya Prasongsin

The common belief is that income protection insurance protects against the risk of any income threat - losing a job, getting a redundancy, not being able to work because of an injury. So, Insurance expert Mr Vijay Raj clarifies the assumptions and misconceptions about this insurance and shares what does income protection cover.

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By Harita Mehta

Source: SBS

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The common belief is that income protection insurance protects against the risk of any income threat - losing a job, getting a redundancy, not being able to work because of an injury. So, Insurance expert Mr Vijay Raj clarifies the assumptions and misconceptions about this insurance and shares what does income protection cover.

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