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Income protection insurance can be critical in troubled times. It is also is associated as job loss insurance or redundancy insurance ultimately UK and within some other countries. The coverage protects the insured person against any partial or total income loss. The loss could are due to various reasons such as loss of job, vehicle winding up, reduction of pay, or even an accident or illness because of which the person had which gives up the. However do keep in mind that income protection insurance does not cover any pre-existing occasions.
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