What Should Cancer Patients Consider When Choosing a Policy?
When selecting an income protection policy, it's crucial to consider several factors:
Waiting period: This is the time before benefits begin after you make a claim. Opt for a waiting period that aligns with your financial situation. Benefit period: This is the maximum time you will receive payments if you cannot work. Choose a period that offers adequate coverage for your potential recovery time. Policy exclusions: Be aware of any conditions not covered by the policy, such as pre-existing conditions. Premium costs: Evaluate the premium costs against the benefits provided to ensure you are getting value for your money.
