Many people think that Income Protection Insurance and ASU cover is the same cover but under a different name. The truth is that each type of cover are totally different. In the short article we will look at some of the differences and when each one is better than the other. Who should have income [...]
Income Protection and Permanent Health Insurance policies have what is known as a Waiting Period or Deferred Period this can be described as. “once you claim, there is a delay before payments start. You can choose how long this is, for example from 4 weeks up to 104 weeks. The longer the waiting period, the less you [...]
Income Protection and Permanent Health Insurance is the same type of cover as each other. They are just different names for the same policy. This type of insurance is designed to cover income if the policyholder cannot work after a period of time called the deferred period. The income is paid for a set time [...]
