Income Protection Insurance

Being ill, or injured, is difficult enough, without the financial pressure of not being able to earn an income and maintain yours and your family's lifestyle. If you or your partner had to give up work right now, how long could you survive with no income? The answer to this should tell you why you need Income Protection Insurance.

This form of insurance is available from a wide range of insurance companies as a ‘standalone’ policy. It provides you with a monthly income should you become totally disabled, however, the disablement need to be of a permanent nature. Each company defines total disablement, but generally the benefit is paid if you are not working and are unable to earn your normal income due to illness or injury.

Income Protection Insurance is designed to offer you and your family financial security. In the event of you becoming ill or too injured to work, this type of insurance can provide you and your family with an income. If you are a business owner, you can also choose to have Income Protection Insurance cover your business expenses for up to a year while you are unable to work.

Income Protection Insurance usually entitles you to up to 75% of your income while you're not able to work. And business expenses cover can ensure that your business remains operational. It's definitely worth it, for the peace of mind.

For more information on Income Protection Insurance, or any of our financial services, you can ring us on (02) 9680-0131. Alternatively, you can book a FREE Consultation, by using our Online Enquiry Form.

All risk insurance services and advice is offered by authorised representatives of Professional Investment Services Pty Ltd (ASFL: 234951 and ABN: 11 074 608 558)