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Income protection insurance pays part of your lost income if you're unable to work because of a disability caused by illness or injury Get a quote and compare for yourself. It can help pay the bills so you can focus on getting better.
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With income protection, you’ll be insured for up to 70% of your income through monthly benefits if you’re unable to work because of an injury, illness or certain medical conditions. Income protection cover can replace up to 70% of your earnings if you're unable to work due to illness or injury Income protection insurance provided by aia australia
Get a quote for income protection that covers some of your monthly wage if you're unable to work.
Only the premiums you pay to protect your income (salary and wages) are deductible This is known as income protection or continuing salary cover If you receive a payment to replace your salary and wages under an income protection policy, you must include it in your tax return. Income protection insurance is a specific type of insurance policy that could help you cover your living expenses, such as bills and loan repayments, if your income was affected by a prolonged illness or injury.
Income protection insurance provides with financial support if you are unable to work, for longer than the waiting period, due to sickness or injury It offers regular monthly payments for a set period, helping you cover essential expenses such as bills, rent, or mortgage payments. Income protection insurance provides you with regular monthly payments if you’re unable to work due to sickness or injury By maintaining regular household income, income protection allows you and your family to keep up with your expenses, even if you aren’t working.
Having income protection insurance means that if you get sick or injured and can't work, you'll still get paid
The insurance company will cover a portion of your earnings, so you can still pay everyday living expenses and bills. Income protection insurance will replace a percentage of your previous income If you're receiving any other income (such as centrelink payments), this can reduce the amount of money you get from the insurer Income protection insurance is available either through your super or directly.
