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WebIncome protection insurance: provides regular payments that replace part of your income if you’re unable to work due to illness or an accident. pays out until you can start working again – or until you retire, die or reach the end of the policy term – whichever is sooner. typically pays out between 50% and 65% of your income if you’re ... WebApr 13, 2024 · Income protection insurance premiums – how much you’re charged each month or year to maintain your cover – can vary widely. This is because your premium is … WebFeb 8, 2024 · Income protection insurance is a monthly benefit paid to replace your income if you're unable to work due to illness or injury. Typically, payments are capped at 70% of … crypto taxed as income