Income Protection provides you with a monthly payment while you are unable to work as a result of an illness or injury.
Many policies will cover up to 75% of most people’s salaries if you are totally or partially disabled.
By replacing your regular income, Income Protection payments can assist you and your family to meet the daily living expenses. Income Protection gives you financial security to focus on your recovery or treatment, without worrying about regular expenses.
Income Protection policies are very flexible and can be tailored to suit your individual circumstances. You can nominate when the payments commence and the period the benefit will be paid for.
Income Protection is suitable for all Australian’s who are reliant on their income to meet their daily living expenses.