A type of disability income coverage that provides an income benefit both, while the insured is totally disabled and unable to work and while he is able to work, but because of a disability, is earning less than he earned before being disabled. Also known as residual disability insurance.
Insurance designed to protect you if you are unable to continue providing for yourself or others. Income protection will not specifically pay off your mortgage, loans, private medical treatment or special needs that arise through disability. It will provide you with a regular weekly or monthly income if you become unable to work as a result of accident, sickness or disability. The amount of benefit that is paid out it is not linked to your mortgage or other loan payments, but your overall level of income.
Insurance often refered to as (ASU) Accident, Sickness, Unemployment. Also refered to as (PPI) Payment Protection Insurance. This type of cover is designed maintain vehicle payments in the event of an accident, sickness or unemployment
Income Protection Insurance (also known as Permanent Health Insurance or PHI) provides a monthly income during periods of long-term illness or disability.
This is an insurance policy designed to pay your mortgage if you cannot work due to an accident, illness or unemployment.
Insurance policy covering Accident, sickness and unemployment.
Provides protection if you are unable to make payments on an outstanding agreement.
This covers accident, sickness and unemployment. It provides a monthly payment if you cannot work for an extended period due to an accident, sickness or unemployment.
A type of disability income coverage that specifies that an insured is totally disabled and, thus, eligible to receive disability income benefits if he suffers an income loss caused by the disability.
A type of disability income policy which specifies that an insured is totally disabled and eligible to receive disability income benefits if that person suffers an income loss caused by a disability.
Provides for a lump sum or periodical payment if a borrower becomes incapacitated and is unable to continue working.
It provides protection to policyholder if he is unable to make payments on an outstanding agreement.