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Executive Income Protection

Executive Income Protection explained for companies

Executive Income Protection is designed for companies that pay for a monthly income accident and sickness plan if an employee finds themselves unable to work because of an illness or injury.

Rather than the person buying the insurance for themselves, it is paid for by the company. This way, the plans can pay a regular benefit to the company that is passed on to the employee so that they don’t have to survive off any state benefits.

Some companies can offer benefits of taking out this sort of plan such as:

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