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Here we provide general
information about PH insurance policies:
What is Permanent Health insurance?
Permanent Health Insurance - otherwise known
as "income replacement or Income protection insurance" provides an income
should you be prevented from working because of serious, long term
sickness or injury.
Why do you need such insurance?
As with most types of insurance cover you could argue that you don't
need it. But by obtaining such cover you can provide yourself with
an income if you are unable to continue working through illness or
injury. Usually the amounts covered can equal up to 65% of your
normal salary and the payments are tax free.
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