Income protection insurance, also known as individual disability insurance, pays benefits in addition to long-term disability, which will cover more of your income.

Here are three benefits of Disability Insurance that go well beyond income protection for the unexpected. Benefit No. 1: Disability Insurance helps protect the ability to work.

Contract and gig workers would benefit the most from these policies, yet often income insurance is offered to full-time employees only. Currently, there are approximately 110 million working adults in ...

If you are unsure whether you could benefit from an income protection insurance policy, speak with a professional, such as a financial advisor, for further information.

If Jo takes out personal income protection she can cover 60 per cent of her earnings, paid for out of her own post-tax income. If she makes a valid claim, the monthly payments are free of tax ...

They’ve just seen a complete view of their employees’ current incomes, so gaps in protection for all income are easier to spot. One way to paint this picture is plotting income and age on a scatter ...

Income protection insurance initially only provided for benefit payments if the insured was ‘totally unable to work’. As such, the waiting period required the insured to be ‘continuously’ unable to ...

FIAs also frequently offer optional lifetime income guarantee benefits in the same manner as variable annuities (VAs). These guaranteed lifetime withdrawal benefits (GLWBs) are what can make FIAs ...

There is an existing product that is both little understood and, almost certainly as a result, undersold that bears some similarities: funded by the business and not treated as a benefit in kind.

These benefits do not financially compensate the insured or their family by way of direct benefit payment. Instead, they underpin the not always appreciated but nonetheless important secondary purpose ...

The benefits of executive income protection. After engaging with this content, which carries an indicative 30 minutes of CPD, you will be able to: ...