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Income
Protection Insurance
provides a regular income benefit payment if you are unable to work as a
result of disablement through sickness or accident.
Income
Protection Insurance premiums
are usually tax deductible for most Australian Taxpayers.
Income
Protection Insurance benefits
are normally paid as a monthly income for the duration of your
disability .. rather than as a lump sum.
Income
Protection Insurance policies
typically limit the amount of cover you can purchase to around 75%
of your total monthly personal exertion income.
Policies
can usually be extended to include optional life insurance, trauma
insurance and total permanent disablement (lump sum) insurance
benefits.
Insurance policies are complex products and we recommend that you discuss your
personal circumstances with a licensed insurance professional prior
to buying or renewing an income protection insurance policy.
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LOOKING FOR A LIFE,
TRAUMA OR INCOME PROTECTION INSURANCE QUOTE?
We
use state-of-the-art product analysis and price comparator software
to help us find the right policy for your specific personal circumstances.
Policies vary greatly from company to company ... not just in price,
but in features, benefits, options, flexibility ... and even in
their definitions.
For example, most companies have a slightly
different definition of the term "disabled" - meaning that
you could be considered for a claim with one company but not be
entitled to claim with another!
get a
free
income
protection insurance
quote >>
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