Income Payment Protection Insurance Extras
August 11th, 2008 | by admin |If you're thinking about purchasing income protection in cause you become unemployed to no fault of your own, you will want to consider some of the extra policies you can add to the income payment protection insurance plan. It's important that you understand these so that you don't get missold payment protection that you don't really need. There are typically two common extra policies that people will add to their income protection insurance- 1) critical illness cover and 2) disability cover. Critical illness cover is the extra coverage that will provide assistance in case you become unemployed because of an illness, and disability coverage will provide that extra protection in cause you become temporarily unemployed because of an unexpected accident. You can talk to your lender when you talk to him/her about income protection.