Income protection insurance can be critical in troubled circumstances. It is also often referred to as job loss insurance or redundancy insurance all of the UK in conjunction with some other countries. The life insurance policy protects the insured person against any partial or total income loss. The loss could also been due in order to reasons since loss of job, the company winding up, reduction of pay, or even an accident or illness because of which the person had up the. However do keep in m...