What's Income Protection?
In Africa, there are no social security programs or unemployment benefits that offers full pay or a stipend for a period of time if a worker’s employment is terminated.
Income Protection provides workers with a monthly income for up to 6 months if their employment is terminated. As long as you earn income as a full-time worker, you are qualified.
Insurance for your budget
With Income Protection, you can subscribe and choose
your coverage based on what you can afford.
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As a subscriber, you are eligible for a claim, if you lose your job for reasons out of your control. This includes when your employer terminates your contract or if there are company wide lay-offs.
As a subscriber, you are eligible for a claim, If you lose your job because your employer closes down the business abruptly and terminates all employment contracts.
What's Not Covered
As a subscriber, you are ineligible if you willingly resigned from you job.
As a subscriber, you are ineligible, if you lost your job due to employee misconduct or a self inflicted act.
As a subscriber, you are ineligible, if your salary is reduced due to your employer’s financial capabilities or employee performance.
(this is not fake oh!)
Don’t let HR spoil your mood. Stay vibing when you lose your job
Still not Convinced?
Read our Ground Breaking
See a sample policy here