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What is Income Protection Insurance Insurance or ASU cover? This is an insurance policy which pays you a monthly tax free income should you be unable to work due to an accident, unemployment, redundancy or sickness It does not pay the whole equal amount of your income and will usually pay out until you return to work or retire where as Over 50 Accident, Sickness & Unemployment Life Insurance will usually pay out up to twelve months, sometimes up to 24 months.
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