Jövedelembiztosítás

Jövedelembiztosítás translates to income protection insurance. It is a type of insurance policy designed to provide a regular income to individuals who are unable to work due to illness or injury. The policy typically pays out a percentage of the insured's regular income after a specified waiting period, known as the deferred period. This deferred period can vary significantly between policies, often ranging from a few weeks to several months.

The duration for which the income is paid also varies, with some policies offering coverage for a limited number of years or until the insured reaches a certain age, such as retirement. The amount of benefit paid is usually a fixed monthly sum, and it is often tax-free in many jurisdictions.

Key features of jövedelembiztosítás include the deferred period, benefit amount, benefit term, and premium. Premiums are typically calculated based on factors such as age, occupation, health status, and the level of cover required. The primary purpose of this insurance is to safeguard an individual's financial stability and lifestyle by replacing lost income during periods of disability. It is particularly important for individuals whose income is essential for meeting their daily living expenses and financial commitments.