Income Protection FAQs

Are my income protection payments tax deductable?

How do you calculate income protection insurance premiums?

Who can apply for income protection insurance?

How much income protection insurance cover is enough?

Exactly what is covered under income protection?

Can I take out cover on behalf of my partner?

Can my partner take out cover for me?

How does income benefit work?

Can I increase or decrease my level of cover?

What if I am employed on a part time or casual basis can I get cover?

What if I am self employed can I get cover?

Are there any tax benefits for income cover?

When does the policy cover me from?

When would my benefit payments start and how long would I receive them for?

Can I cover my partner who works on my policy?

Can I ask for additional benefits for rehabilitation and homemaker assistance?

Do I need income protection insurance if I have life insurance?

What factors affect my premium?

I consider my job high risk, can I still apply?

Do I pay my premium if I am receiving the income benefit?

What happens if I smoke?

At what age can I get cover?

Can I cancel my policy?

What if I cancel my cover do I get any money back?

What can I use the money for if I receive the benefit?

What if I receive other benefits during my claim period?

What is the waiting period?

How do I make a claim?

Do any exclusions apply?

What if I have a pre-existing condition?

Why have I been rejected?

How much income cover do I need?

Need Help Choosing? Call 1300 884 384

8am to 8pm (EST), Mon to Fri.

Our team will be happy to help.


Choosi Pty Ltd (ABN 15 147 630 886) offers insurance products from a range of Australian brands. Choosi does not provide information, or offer cover, for all products available in the market and there may be aspects to some products that we do not compare. Choosi is not an insurer and cover is issued by various underwriters. Your use of this website is undertaken in accordance with the full Terms and Conditions.

Choosi is owned by Hollard Financial Services Pty Ltd (ABN 53 128 692 884), the distributor of each pet insurance, life insurance, income protection insurance, funeral insurance and final expenses insurance policy Choosi is able to arrange directly for the following brands: ACE Insurance Limited, Australian Seniors Insurance Agency, Guardian Insurance, Prime Pet Insurance, Real Insurance, RSPCA Pet Insurance and Woolworths Insurance. Choosi is also a related company of The Hollard Insurance Company Pty Ltd (ABN 78 090 584 473 AFSL 241436), the issuer of each pet insurance product Choosi is able to arrange directly. Information on this website does not take into account your personal objectives, financial situation or needs. You should consider the relevant Product Disclosure Statement (PDS) for more information and to ensure the product suits your needs. The PDS for each of the pet insurance, life insurance, income protection insurance, funeral insurance and final expenses insurance products sold through Choosi and our advisor partner are available through this website. Health Insurance products are not required to have a PDS, but this website has a Fact Sheet for each Health Insurance product Choosi is able to arrange.


Ground Floor, 58 Norwest Blvd, Bella Vista NSW 2153

Phone:13 55 55