Your income is the thing
everything else rests on.
Most people insure the car and the house and not the thing that pays for both. Income protection replaces a share of your earnings if illness or injury stops you working.
Free & no obligationTakes about 2 minutes
Sick leave runs out faster than you think.
A few weeks of leave does not cover a long recovery. Cover bridges the gap between running out and getting back to work.
Compare employee coverNo work, no invoice.
Without an employer behind you there is no sick leave at all. Contractors and sole traders are exactly who this is built for.
Compare self-employed coverThe business needs you back.
Cover can keep your household running while the business absorbs your absence, so you are not forced back too early.
Compare owner cover- average compare time
- 2 min
- cost to compare
- $0
- compared side by side
- Waiting periods
- of income typically covered
- Up to 70%
Questions people ask
How much of my income can I cover?
Most policies cover up to around 70% of your pre-tax income. Insurers deliberately leave a gap so there is still a financial reason to return to work.
What is a waiting period?
The time between being unable to work and payments starting, commonly 30, 60 or 90 days. A longer wait means a lower premium, so match it to how long your savings and leave would realistically last.
Is it tax deductible?
Premiums for income protection held outside super are generally tax deductible, and benefits are generally taxable. Confirm your own position with your accountant.
While you're cutting bills, check these too
Each one takes about two minutes.
