Income Protection Insurance

Key product features

• First 30 days are complimentary, so in the first year of your policy you will only pay 11 months premium
• There are two cover types, Sickness & Injury cover and Injury Only cover. If you have a medical condition or history that prevents you getting Sickness & Injury cover, Injury Only cover may be available.
• Monthly payments of up to 70% of your pre-disability income, with a maximum of $12,000 per month
• Choose how long the monthly benefit can be paid to you, with benefit periods of 1, 2 or 5 years available
• Choose how many days you must be unable to work before you are eligible for your benefit, with waiting periods of 30, 60 or 90 days available
• Insurance premiums are waived while a monthly benefit is being paid
• Reducing income feature, allows the level of cover and premium payments to be temporarily reduced during period of financial hardship or special circumstances
• Cover suspension feature, allows you to put your cover on hold for up to 12 months
• Worldwide cover, 24/7 except where the Australian government has advised against travel to that country
• Qualifying periods apply for elective, cosmetic and transplant surgery
• Exclusions apply, such as self-inflicted injury, illegal activities and unemployment for other reasons not covered. See the PDS for more information