PERSONAL
INCOME
PROTECTION PLAN
What is an income protection plan?

As your family’s breadwinner, a loss of income due to illness or disability could be financially devastating. To protect you and your loved ones from this risk, an income protection plan is designed to provide you with a regular income if you are unable to work, either temporarily or permanently. The plan allows you to provide for your family and preserve your lifestyle.


Why should I subscribe to an income protection plan?

  • It’s important if you are self-employed or a small business owner, as any downtime can be seriously affect your business.
  • Very often family members or dependents rely on your income . Your incapacity to work will mean reduced income and the inability to repay existing debts.

 

To determine the income protection cover that best suits you, estimate the monthly income you will need to repay your loans and cover all your expenses.

Cover

Rs 25,000

Rs 40,000

Rs 60,000

Age

* Indicative premiums per age group, valid until 30 June 2021. Our relationship executives will assist you with a personalised quote

25
Rs 420- Rs 530
Rs 555 - Rs 725
Rs 685 - Rs 940
30
Rs 475 - Rs 635
Rs 645 - Rs 895
Rs 830 - Rs 1,195
40
Rs 690 - Rs 970
Rs 990 - Rs 1,435
Rs 1,340 - Rs 1,995
50
Rs 1,065 - Rs 1,440
Rs 1580 - Rs 2,165
Rs 2,220 - Rs 3,090
54
Rs 1,210 - Rs 1,530
Rs 1,800 - Rs 2,320
Rs 2,545 - Rs 3,310
Cover
Rs 25,000
Age

* Indicative premiums per age group, valid until 30 June 2021. Our relationship executives will assist you with a personalised quote

25
Rs 420- Rs 530
30
Rs 475 - Rs 635
40
Rs 690 - Rs 970
50
Rs 1,065 - Rs 1,440
54
Rs 1,210 - Rs 1,530
Rs 40,000
25
Rs 555 - Rs 725
30
Rs 645 - Rs 895
40
Rs 990 - Rs 1,435
50
Rs 1580 - Rs 2,165
54
Rs 1,800 - Rs 2,320
Rs 60,000
25
Rs 685 - Rs 940
30
Rs 830 - Rs 1,195
40
Rs 1,340 - Rs 1,995
50
Rs 2,220 - Rs 3,090
54
Rs 2,545 - Rs 3,310

Benefits of MUA’s Income Protection Plan

  • The plan will pay up to 75% of your pre-tax income for a set period of time;
  • You are covered you return to work or retirement age (65) in case of disability;
  • Subscription until the age of 60;
  • Affordable premiums from Rs 220 per month for Rs 25 000 cover

Protect your family and your lifestyle with MUA’s Income Protection Plan today.