Income Protection Insurance

Income Protection

Income Care helps replace your lost income if you are unable to work due to sickness or injury, helping to ensure that you can continue to meet your financial commitments by providing regular monthly benefit payments. You can insure for up to 75% of your regular income, and superannuation contributions of up to 15%. Premiums are generally tax-deductible.

How much Income Protection do I need?

There are many factors that determine the level of cover you require and a practical consideration of the real implications of death or disablement needs to be undertaken. Issues such as relief of debt, funeral or medical expenses, education costs and future income needs must be considered. Realisable assets and existing cover whether that be inside or outside super, also needs to be explored.

Why do I need an Insure Life Financial Planner?

You can purchase Insurance directly from an Insurer or via the services of a Financial Planner. Our Financial Planners are not employed by the insurer’s therefore they are able to assist you in obtaining the best deal. In addition to saving you money on the premiums a Financial Planner will also advise you on the most suitable product for your needs – instead of trying to research the many products that are available yourself, you will receive quality professional advice at no cost!