income protection

2/3 of Australians don't have Income Protection Insurance, so how would you keep paying the bills and living the lifestyle that you have become accustomed to if you are one of these people? Below is a case study that really happened; only names have been changed so that the clients could remain anonymous.

How you choose to spend your free time shouldn't prevent you from purchasing a life insurance and/or income protection policy.

When times are tough families need to consider their personal insurance before insuring their homes. Statistics has shown that workers are 200 times more likely to be out of work due to illness or accident than to have a house fire. Statistics have also shown that only 20% of workers have income protection.

Australia is a country where sport plays a very important part, and it is therefore not surprising that Income Protection Insurance has become available to sports players.

Before you purchase Income Protection Insurance it is imperative that you have adequate information and fully understand all the significant provisions, and carefully consider the cost of premiums and the total insurance you could derive.

Over 3.3 million Australians or around 29 per cent of the workforce is employed part-time, so the Australian Insurance industry has realised the need for income protection insurance for part-time workers.

Asteron Insurance has announced a first to market initiative in eliminating mandatory Medical Exams across its entire range of life insurance products.

By having Income Protection Insurance you insure yourself against untoward financial loss in your employment.

There is no such product as RACV Life Insurance however from today RACV members can receive a 5% discount on their life insurance policies issued by AXA Australia.

Extraordinary people need extraordinary protection, and as Australia is a country where sport plays a very important part, it is not surprising that income protection insurance has become available to professional sports players.