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Very often, people ask us which insurance coverage we would recommend as a priority, based on our experience.

Although each individual’s needs vary depending on their stage of life, there is one common aspect that is a priority for everyone: income. The ability to generate income is not guaranteed. Let’s explore this through a story.

The Story of Nikos

Nikos is 40 years old, married with two young children. He works a steady job and manages his finances carefully. He has car insurance, private health insurance, and is considering getting home insurance. It seems like he has taken care of everything, right?

Last week, on his way to work, he had a motorcycle accident. Fortunately, he wasn’t seriously injured, but the damage to his shoulder means he won’t be able to work for at least six months. Suddenly, his family is facing a gap in income while their expenses continue to pile up. How will they manage the mortgage payments, utility bills, and regular living costs?

The Consequences of Income Loss and the Solution

Nikos’s story is not uncommon. Financial losses pose the biggest threat to families, disrupting not just the financial balance but also relationships.

That’s why, at Nimela Insurance, we believe that income protection and coverage against inability to work are the number one insurance priorities. In moments of unexpected difficulty, this coverage can provide what would otherwise be lost: the ability to cover living expenses and obligations, allowing recovery without added stress.

Why Choose Income Protection First

Often, our attention turns to car or home insurance because these needs are more visible. However, income protection is the most critical. What’s the point of securing everything except the very thing that supports it all—our income?

By safeguarding your source of income first, you can take care of everything else. At Nimela Insurance, in partnership with CNP Cyprialife, we insure in the right order. This way, you can live in the present without worrying about the future.

What Income Protection Offers

Income protection ensures the amount you need in case of an accident or severe illness that prevents you from working. Together with your insurance advisor, you can assess your needs and determine the amount required for you and your family so you’re not caught unprepared for life’s unexpected challenges.

Don’t Wait for the Unexpected

Don’t let the unforeseen catch you off guard. Give income protection the priority it deserves—a place among your top priorities.

Contact Nimela Insurance today to learn more about how you can protect your income and secure your future.