Why is Temporary Income Protection compulsory with FMI?

Our research shows that most of our claims are temporary in nature, lasting less than 3 months. It is much more likely that you will suffer a temporary disability than a permanent one. Above all, even a short-lived disability can have major financial repercussions, especially if you are a small business owner or commission earner.

FMI’s Temporary Income Protection benefit:

• Is designed to provide you with cover:
• From Day 1 for self-employed individual, commission earners, and contractors.
• From Day 14 for salaried employees.
• Can be structured to pay benefits during and after the first six months following the date of a claim (a period during which Capital Disability products generally will not pay out).
• Allows for multiple claims can be made (Capital Disability products do not allow for multiple claims).

We believe that Temporary Income Protection is an essential insurance and that all working individuals should have this cover in place.