Could you afford to continue to repay your home loan if you were unable to work due to sickness or injury?
Income Protection insurance provides a replacement income when you (the insured) are unable to work because of injury or illness. This can help you cover lifestyle expenses such as mortgage repayments while you recover and get back to a position where you are able to work.
When it comes to Income Protection Insurance you can usually insure around 75% of your pre-tax income. There is much to consider though when it comes to different products, different features and your personal circumstances. Our friends at Life Insurance Direct are experienced at Income Protection insurance and can help you design your very own Income Protection Insurance policy at no cost to you.
Life Insurance Direct can also help you with Life, TPD and Income Protection insurance.
To compare quotes online now and speak with an Australian life insurance expert from the Life Insurance Direct team and learn more about your Life insurance protection options please complete the quote request form below now.