Income Protection covers you if you are unable to work due to injury or illness, so that you're able to maintain your day-to-day living expenses during your recovery period.
Your Link Mortgages Broker may be able to provide assistance with Income Protection in certain circumstances.
Generally speaking, Income protection will cover you for up to 75 percent of your normal income, until such time as you're able to return to work or at the end of the prescribed benefit period as noted on your policy.
While there are some policies that offer a higher percentage of cover, you should check the Product Disclosure Statement (PDS) of any insurance policy you are considering before making a decision.
The main question to ask yourself is "Can I afford to not have income protection?" While nobody expects an interruption to their income as a result of an injury or illness; accidents and sickness can strike when you least expect it. With income protection, at least if your situation does change temporarily, you will be able to continue to pay your bills and support your family.
At Link Mortgages, we can help
you find income protection insurance to suit your unique situation.
first step is to call our friendly team on 9272 9344 or use the Contact Us form and one of our team members will be in touch.