Many Australians don’t consider protecting their ability to earn the income that funds their life and those of their families. How long could you afford to cover your expenses and maintain your lifestyle without draining your savings?
Income Protection Insurance can cover 75% of your regular income to help with living expenses, if you can't work due to a sickness or injury.
Income Protection Insurance premiums are generally tax deductible, however claim payments are subject to income tax.
Income Protection Insurance provides a replacement income to help you and your family meet the cost of living. It can be tailored depending on your time of life, expenses and income.
Note: Benefit and waiting periods may apply for some options.