Income Protection Insurance

This is paid as a monthly income.

Without ongoing income our clients would not be able to pay for their families living costs and fixed financial commitment like mortgages and car loans. You would have to depend on any savings that you have or borrow money from family and friends. Income insurance ensures that be it a temporary or a permanent situation and you can’t work, you will be guaranteed an income stream. This is different to Total & Permanent Disability Insurance in that you do not need to be totally disabled to get the money. Income insurance pays sooner in most situations. Ideally you would have Total & Permanent Disability Insurance to repay any borrowings and large financial commitments like private school fees. The Income Insurance is there to pay for your day to day living costs.