Income Protection Insurance
Income protection insurance is one of the most common forms of insurance in Australia. Income protection policies cover the insured person for loss of income caused by accident and illness. Policies differ, but typically pay 75% of the insured person's income.
Many young adults without a family or mortgage feel that they don't require life insurance. Income protection cover, on the other hand, meets the needs of people of any age, allowing individuals to maintain their standard of living in otherwise difficult times.
Income Protection helps to reduce financial stress so you can concentrate fully on recovering and returning to work.
If being unable to earn an income would have a serious impact on your life, income protection insurance is the best way to guarantee an income stream.
Fill out the 1300 Life Insurance quote form below and we will be in touch to discuss your income protection cover needs. With many Australians chronically under-insured, now is a great time to take advantage personal insurance cover that takes the future into account.
How much insurance
do you need?
When calculating your insurance coverage, make sure you take into account all of your debts, as well as ongoing lifestyle and education expenses. Proper coverage can ensure that your family will be comfortable, whatever happens.
