If you’re unable to work due to illness or injury, your home, your family’s financial security and all the things you’ve worked so hard for could be at risk. With income protection insurance, you can receive up to 75% of your usual monthly income, up to $10,000 a month, so you don’t have financial difficulties while you’re recovering.
How it works
Income protection insurance lets you tailor cover to suit your needs and budget. You can also choose your waiting period (30 or 90 days) and even select how long you receive your insurance payments for: six months, a year, two years or five years. Optional Rehabilitation benefits can also help you get back to work faster.
Who can apply?
You can apply for income protection insurance if you’ve been self-employed or working at least 20 hours per week for at least 12 months before starting your policy. All Australian residents aged between 18 and 59 can apply – and with some of policies available through Choosi, you won’t even need a medical or blood test.
Protect your income by comparing Income Protection Insurance policies today with Choosi.