Income Protection Features You Need to Know About

Issues Ages: 18-70

Elimination Periods: The elimination period is the period of time that the insured must be totally disabled before the benefits begin. Periods are:

60, 90, 180, 365

Benefit Periods: Is the time-frame the insured will receive the benefits. Benefit periods vary based up the income protection plan. Benefit periods are:

2 years, 5 years, and 10 years. up to age 65, age 67, and age 70.

Other Great Features:

Non-Cancellable: Meaning, the insurance company can not cancel the policy as long as the premiums are paid on time.

Guaranteed Renewable: Meaning, the insurance company guarantees the premiums as stated in the policy.

 

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