| Make simple steps and one wise move to replace | | | | This may stop you from going to work as you |
| your income in times of illness or redundancy. You | | | | may be bed ridden. Protecting your salary is thus |
| need not worry about your future income in case | | | | indispensable than a life insurance. |
| you were to lose your job if you follow the | | | | There are more benefits associated with such a |
| below. | | | | cover. It not only provides substitute salary when |
| It is easy yet a very wise plan to get your self | | | | you are unable to go to work due to sickness, |
| covered under income protection plan! | | | | redundancy, accident or loss of job but also helps |
| Statistics has revealed that post recession, more | | | | you save on tax. You can enjoy tax exemption |
| and more people are resorting to insurance cover | | | | to some extent if you have an insurance |
| to protect their future earnings. With recession | | | | coverage. You as a policy holder are eligible for an |
| that hit badly in the year 2009, people are | | | | income over a period of 20 years. You need not |
| becoming more pragmatic in protecting their | | | | worry for another 20 years if you were to lose |
| earnings and getting themselves an insurance | | | | your job and have a protection cover against any |
| cover. | | | | loss of earnings. |
| The probability of people falling ill is higher than the | | | | This will help you pay your medical bills; cover |
| probability of dieing at a younger age. Hence, this | | | | your electricity bills, mobile bills, your kid's |
| income coverage is required rather than a life | | | | educational fees etc. You can take care of your |
| insurance now. Get more practical with time. Your | | | | mortgage payments too and keep your |
| chance of suffering from serious illness is higher. | | | | payments on time. |