Jövedelembiztosítás
Jövedelembiztosítás translates to income protection insurance in English. It is a type of insurance designed to replace a portion of an individual's income if they are unable to work due to illness or injury. This coverage is particularly important for those who rely on their earnings to meet their financial obligations and do not have substantial savings or other income sources.
The policy typically pays out a percentage of the insured's usual income, often after a waiting period
Jövedelembiztosítás can be purchased individually or through an employer. It is distinct from life insurance, which