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Income protection insurance can be critical in troubled x. It is also also known as as job loss insurance or redundancy insurance within the UK and within some other countries. The life insurance policy protects the insured person against any partial or total income loss. Losing could also been due to be able to reasons such as loss of job, the company winding up, reduction of pay, or even an accident or illness because that the person had in giving up task. However do bear in mind that income protection insurance does not cover any pre-existing complaints.

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