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Oh, no! You contract Mononucleosis (Mono) and consequently miss two weeks of work without pay. You do not have any type of disability insurance. Due to work missed, you lose $1500 in take-home pay for
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Oh, no! You contract Mononucleosis (Mono) and consequently miss two weeks of work without pay. You do not have any type of disability insurance. Due to work missed, you lose $1500 in take-home pay for the current month. What do you do to meet your monthly financial commitments? How do you prepare for similar unfortunate events in the future?

User Matthew Iselin
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1 Answer

2 votes

Answer:

Take a credit facility and do an insurance cover.

Step-by-step explanation:

In order to meet your monthly financial commitments, you can seek for upfront credit facility through your organization if such provisions exist or ask for a salary loan which can be deducted from source (Salary).

To prepare for similar unfortunate incidence in the future, it will be important to secure a life and health insurance cover either through your organization or on an individual basis.

User Fiid
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