Income Protection Insurance Geelong and Melbourne

The greatest asset that we all have is the ability to earn an income. Income protection cover is designed to replace this income should you be unable to work due to sickness or injury.

With an Income Protection policy you can choose the waiting period, this is how long you must be unable to work before the insurance begins to pay you. Variables are 14, 30, 60 and 90 days, 6, 12 and 24 months. Therefore a policy can be tailored to cover you once any accumulated sick and long service leave are used. You also choose the benefit period; this is how long the policy will pay you while you are unable to work. Your options generally are 2 or 5 year benefit, or to age 60 or 65.

Importantly, the cost of Income Protection cover is fully tax deductible.

Click here for a free quote for income protection Melbourne or Geelong?

NB: The advice contained in this page is general in nature and it does not take into account your needs, objectives or financial situation. You should always take these matters into account and obtain a copy of the Product Disclosure Statement.