Disaster strikes, leaving you immobilized. You’re lying on a hospital bed or stuck at home, sentenced to three long months of recovery time. While you’re out of work, you’re also out of salary. Think about the mortgage and bills you need to pay. Think about your family and children. Think about what really matters.
Working as an advisor is no walk in the park. Dealing with a lot of pressure at work can bring a lot of physical and mental fatigue that might cause you to get ill. If you’re out of work because of an illness or injury, income protection insurance is designed to keep you financially afloat. Monthly benefits help pay your bills and maintain your family’s lifestyle while you focus on getting well again. Did you know that income protection insurance covers as much as 75% of your monthly salary, up to $10,000? You also choose the maximum duration you’d receive monthly payments for – either 1 or 2 years.
Claiming your monthly benefits is a piece of cake. Simply contact your insurance provider and supply the relevant documents, including medical proof of your disability. You’re considered disabled if a sickness or injury keeps you from working. For example, if your motor skills or mental health hang in the balance, then you’d be eligible to make a claim. Your payments only start rolling in after a fixed waiting period, depending on your insurance policy. Before you know it, you’ll be able to rest your soul and focus on getting well enough to go back to work.
But you know, there are more important things in life than work – things like your family, which is why it pays to plan ahead. The harsh reality is that you are not indestructible. A single slip could result in a shattered pelvis. If something happened to you, would your family be able to scrape by? When you love someone, you’d do anything for them, so do everything you can to protect the people you care for.