Client portal

Income Protection

Income protection provides a regular income in case of injury or illness when we cannot work

If you find yourself unable to work due to a serious illness or injury, income protection cover will help you pay off your bills and cover other expenses. It can provide you with a regular income until you retire, go back to work or for a specific amount of time pre-agreed in the policy.

Why do I need income protection cover?

If you are self-employed, a small business owner or if you have family members or dependents that rely on the income you earn it is important that you have income protection insurance. Think about it… imagine you can’t work due to some injury or illness. How would you cover all of the living expenses, pay off your mortgage or support your family members who depend on you financially? Income protection will help you manage your expenses until you’re back on your feet.

You may be receiving up to 70% of your salary for as long as you are not able to work or until you retire.

What types of income protection cover are there?

  • An income protection insurance policy can be either short-term or long-term.
  • Short-term income protection cover is designed to cover you if you find yourself unable to work for a fixed amount of time, usually 1 year, 2-5 years.
  • Long term income protection insurance is designed to cover you if you find yourself unable to work until retirement age.

Please contact us if you are interested in purchasing an income protection policy, have questions about it or need professional advice.