Income Protection allows you to cover your expenses and maintain your lifestyle if you are unable to work for several months, a year or longer.
Premiums are tax deductible.
According to recent studies, 83% of Australians have car insurance1 , but only 31% have income protection2. What is more important, your ability to drive or your ability to generate an income?
We all know how important a regular income is in maintaining our lifestyle and of those close to us. What really are the chances of having that taken away from us?
What are the Chances?
|A car being stolen and not recovered?
||1 in 9093
|Having to claim on a home &/or contents policy?
||1 in 134
|Becoming disabled for more than 3 months before age 65 and having no income?
||1 in 35
|Suffering from cancer before the age of 75?
||1 in 3 for men,
1 in 4 for women6
Most people would not think twice about insuring their home and car. However, many have not even considered protecting their most important asset, themselves.