Income Protection
Get insurance against unexpected loss of income
Most of us are faced with the issue of insurance only with large cash investments or when applying for a loan product. For example, when buying real estate with a mortgage, or when purchasing a precious metal and its subsequent storage, when buying a car or even a tourist trip abroad.
What is insurance? This is a service provided by insurance companies to individuals and legal entities. It is aimed at protecting their property interests in the event of insured events (certain events) that are specified in the contract.
It turns out that insurance is needed in order to protect the interests of citizens and entire organizations in various situations. For example, if the car is insured and gets into an accident, then the owner of the car will receive monetary compensation for repairs.
Job loss insurance is a special insurance product that makes it possible to receive monetary compensation if the organization in which the person worked was liquidated, or if the number of employees was reduced.
You need to carefully calculate all the pros and cons - if you are sure that you can quickly find a new job in the event of a reduction, then you can do without additional expenses, but if there is no such confidence, you have a family and loans, then it is better to take care of safety net in advance.
Get insurance against unexpected loss of income
Most of us are faced with the issue of insurance only with large cash investments or when applying for a loan product. For example, when buying real estate with a mortgage, or when purchasing a precious metal and its subsequent storage, when buying a car or even a tourist trip abroad.
What is insurance? This is a service provided by insurance companies to individuals and legal entities. It is aimed at protecting their property interests in the event of insured events (certain events) that are specified in the contract.
It turns out that insurance is needed in order to protect the interests of citizens and entire organizations in various situations. For example, if the car is insured and gets into an accident, then the owner of the car will receive monetary compensation for repairs.
Job loss insurance is a special insurance product that makes it possible to receive monetary compensation if the organization in which the person worked was liquidated, or if the number of employees was reduced.
You need to carefully calculate all the pros and cons - if you are sure that you can quickly find a new job in the event of a reduction, then you can do without additional expenses, but if there is no such confidence, you have a family and loans, then it is better to take care of safety net in advance.
