Do you have income protection insurance?

Income protection, formerly known as permanent health insurance, is a type of insurance that pays you if you are unable to work due to an injury or sickness. Although there are short-term income protection plans, which last one or two years, are also available at a lesser cost, most income protection plans generally pay out until retirement, death, or your return to work. If you're laid off, neither income protection nor short-term income protection will pay out, although they will frequently give 'return to work' assistance if you're sick.

Are you looking to get protection insurance? If you feel you require assistance, speak with an independent life insurance and protection broker. There are several mortgage advisors that can recommend you to a non-biased, no-obligation third-party advising firm that can help you choose the appropriate life insurance, protection, or mortgage insurance policy for your specific circumstances.