Cover monthly expenses
Instead of paying a once off lump sum, Income Protection pays you a monthly income in the event that you are unable to work due to injury or illness.
Income protection usually pays until death or retirement, or until you are able to get back to work.
You will be surprised how affordable this type of insurance is and you should consider it even if you just started your first job.
Income Protection is a great way to protect your finances and pay your bills even if you are unable to generate an income for only a few weeks or months.
