How does income protection insurance work?

When it comes to any kind of insurance, it can often be confusing to understand exactly how it works in practice. So here is a brief guide to sorting this out for you and your family.

Firstly, you will need to compare the different types of policy available to find out what benefits are applicable. You can check out the price of the cover as well as the protection it offers you.

Depending on the circumstances and what you have signed up for to be covered against, you can make a claim should you be made redundant, be involved in an accident or be diagnosed with an illness which prevents you from carrying out your duties as part of your contract.

The policy will stipulate who you need to get in touch with to begin the claims process.

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