@nds_coaching: Replying to @Ntokozo Ngcobo Income Protection and job loss are not the same thing 👇 Income Protection is generally designed to replace your income when you’re unable to work because of illness or injury, subject to the definitions, waiting periods and terms of your policy. So if you are healthy and able to work but you’ve simply been retrenched, dismissed or lost your job, a standard income protection benefit would typically not pay out. Job-loss or retrenchment cover, where available, is usually a separate benefit. This is why I believe protecting your ability to earn an income should form a major part of your overall financial plan, especially when your lifestyle, bond, school fees and investments all depend on that monthly income. 💬 Have you checked exactly what circumstances your income protection covers? 📩 Complete the Financials Needs Scorecard on my bio if you’d like to review your wealth protection and wealth creation plan. Educational content only and not personalised financial advice. Benefits, definitions and claim requirements differ between insurers and policies. #IncomeProtection #FinancialPlanning #LifeInsurance #WealthProtection #DisabilityCover

Nelson da Silva 🇿🇦

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Friday 28 August 2026 18:00:28 GMT