What is income protection?

Income Protection is an insurance policy that provides you with an income if you are unable to work due to serious illness or an accident.

Who needs income protection?

If you are self-employed, you should consider income protection a necessity.

How much income protection do you need?

Most policies allow you to cover up to 75 per cent of your present income - this is considered 'maximum cover'.

What are the major benefits of income protection?

In most cases you can insure your income for less than your car!
Premiums are tax deductible;
Choose a start date for your benefit to begin - the further away the date, the lower the premiums, and
Peace of mind - you and your family won't have to worry about financial security.

If income protection is too expensive or unavailable, remember that total and permanent disability insurance is also a low cost option.

For more information or an appointment, call Eastwoods on 08 8132 9222 or email us.

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