Income
Protection
Income Protection
Income Protection is perhaps one of the most important types of insurance. It offers a monthly income if you're unable to work due to injury or illness, providing reassurance that you can still make ends meet.
This type of insurance is designed to cover up to 60% of your income and is paid out monthly to replace your lost income. It can help you maintain financial stability until you're back on your feet and able to work again. Unlike Life Insurance or Critical Illness Cover, Income Protection is paid out in instalments and not as a cash lump sum.
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Policies can differ from person to person depending on individual circumstances, which is why it is important to take sound advice before selecting a policy.
This information is a summary only. You will receive a full policy document upon application. This policy will set out the terms, conditions and limitations of cover provided under the plan.
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