How does the income protection insurance policy work?

[jhon paul]

Income protection insurance policy is that will help bringing the income that has been stopped due to halt in actual working income.if there is no income coming in due to illness or injuries this policy helps a financial aid. Mainly it provides:
Financial support when you cannot work due to redundancy illness or injuries
Pay until you get back to work when the policy term ends which ever is sooner
No cash in value at any point in time after a failed payment the policy gets cancelled.

 

[Wisdom01]

This is another important type of insurance to actually go for ,I think it's probably mostly common among workers insuring or protecting their income against different form of risks ,and this type of insurance policy would be very costly considering the fact that they are covering your income to be received

 

[Mandy96]

I have been wanting to ask about this precisely because I am one of those people that does not know much about insurance generally. I mean this income protection I know sounds like another policy on its own but the word makes it sounds like it has a different meaning