Search site


Matthew John San Giorgio
10 Parklands Main road, Parklands,
Cape Town,

021 557 1595

Income Protection

Income Protection For

The Working Persons-

No Need To Worry

There is no any person in the civilized world who has not heard the word Life Insurance in their whole life. This is one of the widely popular words that have come in the use in the matter of protection against something unfortunate. If something happens to a person. The life insurance takes care of the matter financially. The finance is the matter that is associated with the accident. That aspect is very hard to tackle. But is a person as a life insurance, then the person does not have to think of such matters as to how to take care of the situation financially. The person now only has to take care of the matter mentally.


In the present world, every person should opt for Life Insurance cover. There are many branches in the life insurance. A person can go for a lot of divisions in the life insurance section. One of such division is the income protection.


The income protection insurance:

The income protection insurance is one of the branches among many divisions. There are many life insurance options open to an individual. But the most important one is the Income Protection cover. The income protection cover is an especially designed insurance option. The main benefit of this insurance is that, it is designed keeping in the mind the total incapacitating accident that may occur in the life of any one. Then, the person in the question will not be able to earn for some time. So then, the income protection cover will come into the field. The income protection insurance will replace the income of the person. This is one of the best life insurance cover designed ever. This life insurance covers the most valuable asset one has. And that valuable asset is the ability to work and earn.


The plan of this is like the normal insurance plans that everybody uses. The user has to pay the premium every month. In return, the insurance company will pay the amount monthly in case the person in question becomes too weak to carry out any job to earn something. However, there are some conditions that are used in the insurance company. The conditions vary from company to company. There are some quotes that are normal. They are like-


  • “Own occupation”- in this condition, the person can claim the insurance if he is unable to do his own job.
  • “Any suited occupation”- this condition is valid if the person is too ill to do his own occupation as well as any other occupation that suits him best.
  • ‘Any occupation”- this condition is valid if the person cannot do anything.
  • “Daily working activities”- in this condition, the person can only claim the benefit of the insurance if he is unable to work in any circumstances. This may be the total incapacitation of the person for a temporary period.


However, the income protection is the best insurance ever. The ones, who are laboriously working to meet the need of requirements of the family, should go for this insurance. After all, no one knows what may happen tomorrow.