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Revision as of 15:38, 21 September 2024
Income protection insurance can be critical in troubled things. It is also often referred to as job loss insurance or redundancy insurance all of the UK within some other countries. The life insurance policy protects the insured person against any partial or total income loss. Losing could also been due to varied reasons such as loss of job, the corporation winding up, reduction of pay, also an accident or illness because of which the person had in order to provide up the. However do keep in mind that income protection insurance does not cover any pre-existing occasions.
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