Does income protection insurance cover for redundancy or job loss?
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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