If you’re like most people, you probably don’t think about Income Protection until you need it and it is too late. 

Income protection is a type of insurance that helps you stay afloat financially if you’re unable to work due to an illness or injury. It can be a lifesaver if you’re the main earner in your family and your income suddenly stops or is paused for a long period of time. 

There are two main types of income protection policies: short-term and long-term. 

Short-term policies typically provide benefits for up to two years, while long-term policies can provide benefits for up to age 65. Whether short term or long term, the cover would cease upon return to work or the policy expiring.

Income protection policies can be tailored to fit your individual needs, so it’s important to talk to an insurance agent to find the right policy for you. Income protection policies can provide peace of mind. 

If you’re ever faced with an unexpected loss of income, income protection can help you keep your head above water until you’re back on your feet again.