designed for sole trader and/or
Why do you need Personal Accident & Illness Insurance?
When an unfortunate event occurs, which prevents you to do work and requires extended period to recover, this could change your sustainable income. Let insurance take this burden away while you are concentrating on your recovery.
This insurance will help you still generate income during your recovery either with lump sum or monthly payment.
Is Personal accident and sickness insurance also known as Income protection/Life insurance?
Do not be confused with Income protection insurance provided by Life Insurance companies. Personal Accident and Illness Insurance is provided by General Insurance companies. Although, they are quite similar, they may be different in benefits and waiting periods.
Depending on your personal circumstances and what you can afford, this insurance product is generally quicker in the process and you can obtain sickness only, accident only or a combination of both.