Personal Insurance :: Income Protection Plan
As the name suggests, income insurance allows personal income or business expenses to be paid if illness or injury prevent you from working. It can also help ease the burden of medical and rehabilitation costs. Regardless of whether you are self-employed, an employer or employee, you can rest easy knowing that you, your family and business will be financially taken care of. Income insurance provides peace of mind and the freedom to recuperate, knowing that you can continue to receive an income if you become disabled.
There are two premium options available:
- Stepped Premiums, which are based on age and recalculated each year on the policy anniversary, and
- Level Premiums, which are based on your age when the policy is started and remain the same throughout the term of the policy.
Need Help?
For more information about the Life Protection Plan, contact TOWER.
