If you (or a family member) suddenly find yourself out of work due to an accident or illness, the last thing you want to worry about is how you are going to pay your bills. Income protection insurance arranged by CBI can provide you with financial security.
Coverage usually starts after short-term disability coverage has been exhausted. Some plans provide benefit payments up to a specific age or for a specific number of years. Benefits are provided as a percentage of income during a prolonged disability.
Provides weekly benefits to individuals who are disabled as a result of an occupational and/or nonoccupational illness or accident. Benefits are provided as a percentage of salary for up to six months.