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Revision as of 06:11, 7 January 2025

Income protection insurance can be critical in troubled occasions. It is also also called as job loss insurance or redundancy insurance on the inside UK within some other countries. The coverage protects the insured person against any partial or total income loss. The loss could also been due to be able to reasons regarding example loss of job, the company winding up, reduction of pay, and also an accident or illness because of which the person had giving up the job. However do bear in mind that income protection insurance does not cover any pre-existing challenges.

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