Income Protection Example’s

Personal Trainer Mike - Bicycle Accident:

Mike earns an estimated income of R18,000 a month as a trainer, he insured himself for his full salary under the Personal Trainer Income Protection Plan. Mike had a bicycle accident and broke his ankle and sprained his wrists and was unable to train his clients for six weeks. Under his income protection policy he received a total of R27,000 for being unable to train his clients for a period of six weeks.

 

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