Income Protection Insurance

HomeInsurance SolutionsPersonal InsuranceIncome Protection Insurance

Having an accident at work, falling ill and not earning an income for a long period, or in the worst case not being able to go back to work at all is a scary scenario for any income earner.

In 2009, four million people in Australia reported having a disability (18.5%) (ABS 4430.0 - Disability, Ageing and Carers, Australia: Summary of Findings, 2009). If someone is unable to work because they’re sick or injured, income protection insurance can help take away the stress of worrying about finances and the ability to support a family. While each income protection plan varies, payment can be up to 75% of your monthly pre-disability income up to a maximum of $10,000 a month.

Back to Personal Insurance