Income Protection Insurance (PHI) – an introduction
March 31, 2009 by shrewdcookie
Filed under Protection
Many people have heard of income protection – yet many remain unsure exactly what it is and how it can be used to protect their family and themselves.
As the name suggests, Income Protection Insurance, previously known as Permanent Health Insurance (PHI), is a type of insurance which is designed to replace lost income in the event of long term illness or accident.
