income insurance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “income insurance” in the English Dictionary

"income insurance" in Business English

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income insurancenoun [U]

uk   us   (also income protection insurance)
INSURANCE a ​type of ​insurance that ​protects someone if they ​loseincome because of ​health or other problems: The ​incomeinsurancescheme has proved popular among rice ​farmers, whose ​crops are ​subject to ​flood and drought ​cycles.
(Definition of income insurance from the Cambridge Business English Dictionary © Cambridge University Press)
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