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Income Protection Insurance

Income Protection Insurance insures up to 75% of your wages if you are unable to work long term due to injury or illness.
» As well as the long term injuries and illness, Income Protection can cover you for short problems such as broken bones.
» There is no specific definition as to what sickness or injury you have in order to claim.
» You can claim multiple times, even for the same condition.
» Usually the premiums are 100% Tax deductible.
» Policies can be tailored to be very flexible.

If you had a machine that was making you $3,000 each and every month would you insure it in case it broke? –Yes, of course you would. You ability to produce an income is no different.

Income Protection Insurance is essential for the main breadwinner, however Income Protection Insurance is often overlooked for the partner. Let’s face it, if your partner is looking after your three small children under the age of five, her efforts are priceless. How are you going to provide for the family, and perhaps care for not only your children, but your partner as well. What are you going to live on?

There is no specific definition as to what sickness or injury you have in order to claim. As well as the long term injuries and illness, Income Protection can cover you for short problems such as a broken bones.

Lifelong Insurance Solutions

Ground Floor
11 Business Park Drive
Notting Hill Vic 3168
Phone: 03 9544 8222
Fax: 03 9544 5310
Email: info@lifelonginsurance.com.au

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