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LOCUM PROTECTOR

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How Does Income Insurance Compare with Other Insurance?

Dec 03, 2024

Auto and home insurance, for example, are required. Whereas income insurance is a choice. You insure your home in case something happens, but the chances of a house fire, storm damage, or other major damage is relatively low in the grand scheme of things. But what is your income level worth? What is your pension worth? That is what needs to be protected even more than your home or car.

Your two biggest assets are your life and your ability to earn an income. Therefore income protection may be one of the most important purchases a locum will ever make. Don't you think it's backwards that you are forced to cover your home and your vehicle, but not your life or your income? And we just accept this philosophy. Seems crazy to me.

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