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When you run a business that is completely dependent on the amount of time and effort that you put into it every day, you face the risk of not being able to generate an income if you fall ill or have an accident that prevents you from working. There are insurance policies that guard against this risk and that will pay you an income if you are unable to work or run your business.
This factsheet explains what is offered by Income Protection insurance policies and outlines some of the issues that you may need to consider when looking for a policy to suit your particular circumstances. It also briefly describes some of the alternative types of insurance cover for you to consider.
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