Zurich Income Protector Plus
A fully featured level of cover, including:
- three-tier definition of totally disabled (i.e. three ways to qualify for a benefit);
- day one partial, meaning it is possible to claim a partial disability benefit without ever being totally disabled3;
- full suite of built-in benefits, including Accommodation expenses (when held outside of superannuation) and Confined to bed benefit; and
- selection of optional benefits to add.
Zurich Income Protector
A cost-effective level of cover which provides all the essentials of income protection. The cost of cover is reduced because:
- the life insured must be totally disabled for at least five consecutive days during the waiting period to qualify for a total or partial disability benefit;
- the definition of totally disabled is ‘unable to perform one or more important income producing duties’; and
- after the total disability benefit and/or partial disability benefit has been paid for a period of 24 months, the ability to work is no longer based on a specific occupation; and
- a reduced number of built-in benefits are included.