How would you pay the bills if you were sick or injured and couldn't work? 

Income Protection

If you had a goose that laid golden eggs for you, would you insure the eggs or the goose? Well you are that goose. Your household’s wellbeing depends on you continuing to go to work until you can afford to retire. If that is disrupted long term then you will be glad if you have Income Protection cover to fall back on. It just gives you or your family peace of mind that their financial future is more secure because you have taken the prudent step to protect your greatest asset, your ability to earn a living.


How does Income Protection work?

Income Protection cover will replace up to 75% of your income if you are unable to perform the normal duties of your usual occupation for more than ten hours per week due to sickness or disability. This benefit will continue until you are fit to return to work or if your disability is permanent the benefit will continue (inflation adjusted) till age 65 or 70.


Premiums can be level or stepped and are based on a number of factors including age, gender, smoking status, nature of your job and the amount of stand down before a benefit is paid.  Premiums can be tax deductible as the income when paid can be assessable as income.