Income Protection
Income Protection insurance will ensure that you still have a regular income stream if you are unable to work due to sickness or injury. It provides a monthly payment of usually up to 75% of your pre-tax income. You can generally choose the waiting period (this is how long you must be unable to work before the insurance begins to pay you) and the benefit period (how long the policy will pay you if you are unable to work).
After working with you, we can tailor a specific Income Protection policy to suit your specific needs and budget. Selecting the appropriate level of cover is only the first step when determining the right policy for you. Other considerations include, policy waiting periods, benefit periods, whether the policy should be held within or outside of the superannuation environment or whether you should apply for an agreed value of indemnity value policy.
We will work with you, to ensure that your Income Protection policy is tailored to suit your personal circumstances.
Please enquire online or call us directly on (03) 9505 6301. We look forward to discussing any queries that you may have in relation to your Income Protection Insurance.
