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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 lose income because of health or other problems: The income insurance scheme 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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