There are many kinds of insurance plans and one of them is income protection insurance. In this policy your income will be protected and you will be getting the monthly income till the claim period ends. It is the most useful insurance plan which is in demand. It protects your money in case of injury or any kind of critical illness. You will also get the benefit in case of accident. It will cover your 50% to 65% amount of monthly income. You can claim in the mentioned situations and can get the amount till you become healthy and get return to work or it continues till your claim period is active.
Critical illness insurance is the next insurance in which maximum people are investing. Users can take the benefit of lump sum amount, but again the person should get critical ill and the disease need to be listed in the list of insurance company.