Medical inability to work can cause severe financial strain. Could your family manage without your income due to illness or injury? How would you cover rent, mortgage, and living expenses?
Income protection insurance offers peace of mind by ensuring a regular monthly payout during such times. It safeguards your family's lifestyle against income loss. Book a free consultation in just 30 seconds.
Income protection insurance provides regular, tax-free income if you can't work due to illness, injury. It helps cover mortgage or rent payments and other living expenses until you can work again. You can choose to replace up to 60 - 65% of your income until you retire, return to work, or die, whichever comes first. Alternatively, you can opt for limited-time coverage, which is cheaper. Premiums vary based on factors like age, health, job nature, and the income level you want to protect.
If you fall ill or get injured while working, an income protection policy can safeguard your income, giving you peace of mind to focus on recovery.
Other Income Protection Options:
These can provide monthly income if you can’t work due to an accident, illness, injury, or, often as an optional extra, unemployment.
We’ll assign you a dedicated advisor to explain the differences between these policy types.