3.2.3 Factors to Consider for Income Protection Insurance
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Premium, and whether 'waiver of premiums' (i.e. cessation of premiums
during claim) available
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Underwriting requirements relevant to occupation and health and
hobbies/pastimes.
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What deferred periods are available.
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Maximum benefit (usually expressed as percentage of earnings).
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Definition of earnings.
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Definition of disability.
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Options e.g. can cover increase prior to claim, does benefit increase
during claim
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