According to Prudential, employees who attend financial wellness programs learn about the risk of outliving one's assets in retirement, yet many of them underestimate three more immediate risks-loss of family income due to a premature death, loss of income
due to illness or injury, and out-of-pocket health care and other expenses-which could cripple their financial outlook.
Contract notice: Cnp - neuchatelois psychiatric centre - health insurance loss of income
This way, if you have to close your doors temporarily you are covered for the loss of income
Income Protection Insurance protects you against loss of income
due to an accident, sickness or unemployment.
In their Counting the Cost report released earlier this year, Macmillan cancer support found that a loss of income
is one of the greatest financial implications for people diagnosed with cancer.
MANY stroke survivors experience a loss of income
, a negative impact on their work and an increase in their expenses, according to a report into the financial impact of having a stroke.
The loss of income
and the extra costs of caring for Sophie at home in Sowerby Bridge, near Halifax, West Yorkshire, mean they face having their home repossessed by lending company Kensington.
Similarly, business owners found they had no coverage for loss of income
when civil authorities closed off their flooded neighborhoods, preventing their customers from reaching them.
Adding loss of income
and extra expenses coverage provides protection should the business be forced to suspend operations due to property damage, while receiving ongoing operating expenses incurred during the restoration of the business.
Where NZNO members who are assessors on an NZNO bargaining team are required to take leave without pay from their paid employment, NZNO shall reimburse the member for the loss of income
, subject to the member providing evidence of their loss.
The drivers want a pay rise to compensate for loss of income
caused by an EU directive limiting overtime.
To be eligible, applicants must demonstrate a loss of income
not covered by paid sick leave or some other form of compensation arising from employment.