Life Insurance Blog

What is Income Protection Insurance?


Income Protection insurance replaces income lost when a person is unable to work due to unexpected accident or illness.

After meeting a specified waiting period, Income Protection insurance is paid as a monthly benefit by the insurer for as long as you meet the insurers definition of Totally or Partially disabled.

The quality of Income Protection policies differ greatly because there are so many variables involved. Some of the more important ones include:

  • Benefit Level
  • Benefit Type
  • Waiting Period
  • Benefit Period

More detail about Income Protection can be found on our Income Protection page

How to get Income Protection?

Before choosing an Income Protection policy, you should do your homework. An uninformed decision could see  you wasting money on a policy that won’t actually work for you when you need it most.

If you would like help getting the best possible cover at the lowest price, complete our online form and one of our personal protection specialists will contact you within 24 hours.


Stephen Handley
Stephen Handley
My name is Stephen Handley. I have over 20 years experience in IT, Project Management and Financial Services. By combining this experience, I hope to make it easier for Australians to find good quality and affordable life insurance. Furthermore, I am not connected to any life insurance company. So, in the unfortunate event of a claim, you'll have someone in your corner, representing your interests.