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Comparing Income Protection Benefit Payment Periods

What should I consider when comparing income protection benefit payment periods?

Comparing Income Protection Benefit Payment Periods

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

If you are serious about protecting your income, it is essential that you give real consideration to the benefit payment periods being offered as part of your income insurance policy.

Published: Monday, 3rd Dec 2012
Author: 258


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Knowledgebase
Incontestability Clause:
A provision in a life insurance policy that prevents the insurer from voiding coverage due to a misstatement by the insured after a certain period.