Fasil

There are a number of insurances plans jointly known as Payment Protection Insurance, namely Income Protection Insurance, Mortgage Protection Insurance, Redundancy Insurance, Unemployment Insurance and Sickness Insurance;, but these plans are created to take care of your financial crisis if you are sick or injured .

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With these policies you can carry on with your financial commitments until you find employment. Very simply Mortgage Protection or Income Protection will allow you to protect a proportion of your income within a maximum amount. Even if you were to lose your job, you can claim from your policy and for the next 12 months you wouldn’t need to worry as you would receive payments for the amount covered in the policy for the period you are at home .

Even if you do not get back to job, the payments will be stopped anyway.