The COVID-19 pandemic reminds us that losing a steady paycheck for even a couple of months can have drastic effects, many of which happen when someone experiences a severe health condition or injury.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

This story is part of a series on financial and economic literacy funded by Ecstra Foundation. Having income protection insurance means that if you get sick or injured and can’t work, you’ll still get ...

The COVID-19 pandemic has shown how unexpected events can affect one’s well-being and financial stability. You may have friends or family members who were physically and financially impacted by the ...

There’s so much to love about running your own business: from the freedom and flexibility of choosing when and where you work to the simple joy of not having a boss to tell you what to do. However, ...

Income protection insurance can offer a lifeline if you’re unable to work due to illness or injury by paying out a portion of your salary while you’re off. Our guide explains the options to help you ...