Your ability to earn is your most valuable asset. Make sure it’s insured.
Income protection insurance pays you an income if you are unable to work due to sickness or accident.
Many people think their most valuable asset is their house, investments, or shares — but the truth is, your greatest asset is you. Specifically, it’s your ability to earn an income.
Think about it:
You insure your car, your home, and other valuable possessions.
Shouldn’t you insure your income — the thing that directly supports your lifestyle and family?
Losing your income for a year, two years, or more could be devastating. Income protection ensures you continue to meet your financial commitments when you need it most.
Income protection policies have several variables that affect your coverage:
Waiting Period – How long before payments start. [Learn more →]
Benefit Period – How long the payments continue. [Learn more →]
Coverage Amount – How much income can be insured. [Learn more →]
Payment Structures – How premiums can be paid. [Learn more →]
Tax Considerations – How income protection affects taxes. [Learn more →]
Occupation – Your job type can influence your policy. [Learn more →]
Policy Evolution – How income protection has changed over time. [Learn more →]
Working with a financial adviser ensures your policy suits your needs and provides the right protection for your income.