Questions To Ask The Advisor for Income Protection
When will this plan benefits start ? If I cant do my job?, If I cant do any job? Or if I cant perform a number of tasks?
After what amount of time will the benefits start and until what age?
What are the exclusions?
Is there an investment element?
Is the premium a guaranteed or reviewable premium?
Does the premium include waiver of premium (Payment Protection)?
How much will I be paid?
Will I be paid the full amount throughout the term or will it reduce?
Will this affect any state benefits?
Is this policy suitable for self employed people?
What should I do if I change jobs?
Will my income increase with inflation?
Is it necessary to have a job to take out this cover?
What are the exclusions?


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