Income Protection
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Home » Income Protection
Income protection is a cover that protects you if you are off work due to sickness, accident or unemployment through where it was not your fault.
This would pay you an agreed amount of your salary per month. This is normally around 60%-70% of your main income but tax free. People generally use this money to pay the bills and any other costs needed.
People can take this out until a certain age but this is generally until the retirement age.