Loss of Income
Protection when you can no longer earn a living.
Preparing for a fruitful future
Being able to work and receive a salary means that you are your greatest asset. Your salary enables you to purchase your home, pay your bills and support you and your family’s lifestyle. Losing the ability to work unexpectedly due to injury or illness can be incredibly stressful. And without an income, it may become challenging to meet your financial commitments and the day-to-day needs of your family that your salary usually covers.
One way to help safeguard your income is by choosing Loss of Income Protection cover with Hejaz.
Should you be unable to work, your cover will replace up to 70% of your income for a period of your choosing, leaving you free to focus on the most important thing – your health and recovery.
Covering you in bad times
Total or Partial Disablement
You can select from a range of benefit options providing you with a monthly payment of up to a maximum of 70% of your actual income in the 12 months prior to your claim.
Waiver of Premium
Your Loss of Income Protection premiums will be waived while you are on claim.
Salary Increase Benefit
Allows you to increase your insured Monthly Benefit by 15%, up to a maximum of $2,500, when your salary increases, without providing further evidence of your health or insurability.
Benefit Indexation
Your Sum Insured can automatically be increased each year to keep up with the cost of living (based on the Consumer Price Index).
Rehabilitation Expenses
Reimburses or covers the costs of your participation in a pre-approved rehabilitation program (up to a maximum of 12 times your Insured Monthly Benefit).
Involuntary Unemployment Waiver of Premium
Waives your Loss of Income Protection premiums for up to three months if you meet the definition for Involuntary Unemployment (provided only once in any 12-month period).
Fatimah’s story
We covered and protected everyone
Fatimah ensured her family’s expenses were taken care of, allowing her to focus on getting better.
Let us help you see what’s possible
Unforeseen tragedies such as illness, permanent disability, even death can leave you and your family facing tremendous emotional stress. Loss of Income Protection cover will provide genuine hope for you if an unpredictable event happens.
Give your family the protection they deserve
Schedule a call and our expert will help you find the right protection tailored to your needs