 Posted: Wed 6:04, 16 Oct 2013 Post subject: hollister Income Insurance Quotes for Self Employe |
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When going alone, the self-employed are not afforded the same level of protection as those who are employed. For a start, there is no safety net as you do not receive sick pay or gain from employer-provided income insurance as part of an employee benefits package. Moreover, you will lose the sick pay, maternity leave, and death in service benefits that come with employment, plus you will not have access to a workplace pension scheme. So without the safety net of company paid sick leave and other employee benefit package, it is vitally important to ensure your future earnings are protected against the risk of illness or injury. And this is where self-employed income protection insurance comes in. Self employed income insurance can provide long-term financial protection against the risk of sickness and injury. It can provide you with an income should you be unable to run your business due to illness or injury. 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You can choose your waiting period from 30 or 90 days [url=http://www.gotprintsigns.com/abercrombiepascher/]abercrombie soldes[/url] and even select how long you receive your income insurance benefits for: six months, a year, two years, or five years. Optional Rehabilitation benefits can also help you get back to work faster. You can choose to pay your premium, either fortnightly or monthly to your income insurance provider, and if you're unable to work for an extended period due to sickness or injury, you could receive up to 75% of your pre-Tax income up to $10,000 a month. With this, it can help with the costs of your recovery as well as covering day to day bills. When policies are taken out, the insurer will base the maximum amount of benefit and monthly premiums on your current earnings and occupation. What is Insurable Income? Insurable income can include your salary as well as fringe benefits, bonuses, and superannuation payments. 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