If you were suddenly unable to work due to illness or injury, would you be able to meet your financial responsibilities until you recovered? Most of us could cover our expenses for a month or so, but what happens if you are unable to work for longer?
Your largest asset is your ability to earn a living and yet many people neglect to insure that asset. Income protection insurance can be a lifeline, covering you until you can return to work and ensuring your lifestyle is maintained.
There are different types of income protection cover, such as agreed value (for self-employed people with a fluctuating income) or indemnity value (a good solution if you are an employee with a stable income).
Talk to Cynthia to find out what kind of income protection insurance is best for you.