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Showing posts from January, 2019

Six Vital Factors Influencing Cost of Income Protection Plan

Among all insurance policies readily available for contributing to your peaceful life, income protection has managed to attain most recognition. It replaces at least 75% of your monthly salary so that you could meet a wide range of requirements such as medical statements, educational loans, electricity bills, groceries, etc. without hassle even when not you are earning due to injury or illness. Now isn’t that absolutely amazing? In this particular write-up, I have chalked down varied factors upon which cost of income protection depends. Please do buy some time and check them out right away.  Age-  According to top-notch providers offering income protection plan in South Africa for an affordable price, older people are generally more prone to getting hurt or sick because unfortunately their bodies are not powerful enough to fight against adversities. This could impact premium to a great extent.  Gender-   Insurers perceive women as someone who would lea...