Last Updated on February 7, 2021
1. What is private income protection insurance?
It is a modality created to protect the financial planning and the standard of living of the insured, aged between 16 and 65, in cases of problems or incidents that may compromise their work in the long term.
2. What does this insurance cover?
The current coverage of private income protection insurance protects the insured person anywhere in the world. They are the following:
● Daily temporary disability: compensation is paid to the insured in the event of total or temporary disability. An accident or an illness could cause this. Paying an amount for each day away.There are up to 90 days of coverage provided for hernia, RSI (Repetitive Strain Injury), WMSD (Work-Related Musculoskeletal Disorders), LTC (Continued Trauma-Injury), chronic patients who need to undergo hemodialysis, patients with liver cirrhosis, and progressive diseases. In other cases, coverage can be extended to 365 days;
