Disability Insurance Protection
About Disability Insurance
Disability and redudancy insurance or Accident, Sickness
and Unemployment Insurance is an income protection policy
that is designed to give you peace of mind that should you
be unable to continue providing for yourself or others due
to redundancy or disability, you won't be left in complete
financial disarray.
Unlike mortgage payment protection policies, this type
of income protection is not designed to specifically pay
off your mortgage or other loans, nor will it pay for private
medical treatment or special needs that arise through disability.
What it will do is provide you with a regular income if
you become unable to work as a result of accident, sickness
or disability.
Unlike payment protection policies, the amount of benefit
that is paid out it is not linked to your mortgage or other
loan payments, but your overall level of income.
