One of the things that are hindering people from purchasing their income protection insurance is the presence of other benefits that they can get from the state when they become ill. These benefits are the products of deductions from their salaries. Every employee is required to pay for it.

If you are going to compare income protection and the rate of state benefits, you will see that the former is greater. Employees are required to pay more for IPI premium. This is one of the reasons why many employees are not interested in purchasing income protectionNew Zealand. Just by looking at the high price of the insurance, people have forgotten that the benefits from their companies will eventually end even when they are not yet completely healed.

Many employees who have purchased their income protection insurance ended up realizing the importance of this insurance. A client who has his own kids testified that this type of insurance became his saving grace when he met a car accident. He stated that he could not have provided food for his family and paid for his mortgages if not because of income protection insurance. If he relied on state benefits, his family surely suffered because of the situation.