Doctors will usually have it. In the UK NHS doctors will often take on private work in addition to their NHS contract which they will take out income protection on for when they can't work.
No, it is available for many other places, too. All you have to do is search for the information to find the different places the income protection is offered.
There are many reputable insurance companies that provide income protection insurance. Progressive, State Farm, and Geico are all good companies and can assist you with what you qualify for.
Income protection insurance is a service you can get on car loans and mortgages. It's through the bank and so if something happens to your income your payments are covered temporarily.
The cost of income protection insurance varies. It is dependent upon several variables and factors that will be unique to each situation.
If you are looking for mortgage income protection insurance then the best places to look are on price comparison sites as you will be able to get many quotes with only having to enter your details once. You can then choose the best deal for you.
Yes, a minimum income is required. Companies would not be able to offer protection to someone that cannot sustain monthly payments. Also credit is important.
Protection Insurance covers a wide range of issues, most commonly to do with expenditure and income. Payment Protection Insurance (PPI) is a common insurance policy that ensures that the consumer will always be repaid their debt even if the borrowers circumstances do not enable them to do so. There is also Income Protection Insurance, which covers any income and not just debts. Furthermore, you can get Mortgage Protection, Family Income Protection and Loan Protection Insurances. Basically, anything that involves a payment and there is a chance that either party will not be able to comply with their part of the deal can have a Protection Insurance to ensure that the costs will always be covered, regardless of circumstance.
Not as many as should have.
Income protection policies provide workers with income if they are unable to work due to an extended injury or illness. Some of the plans available are emergency savings, personal accident insurance and permanent disability coverage.
There are lots of companies that offer income protection insurance in Australia. A few of those companies are AAMI, ANZ, Suncorp Insurance, and AIA Australia.
Depending on your location there are several options to compare income protection insurance. Check your local phone book under insurance companies and ask for quotes on rates.
Various insurance companies offer income protection insurance plans. You can learn more about income protection insurance (IPI) at en.wikipedia.org/wiki/Income_protection_insurance. Cost varies depending on the plan and provider you choose.