income protection

People who are self-employed in particular, may be putting themselves at financial risk by not having Income Protection Insurance. If you are the business and you are unable to work, what income is available to you?

Income protection insurance can provide you with an income if you are unable to work due to sickness or accident. Many policies will cover up to 75% of your salary.

Income protection policies are very flexible and can be tailored to suit your individual and family circumstances.

Unlike other forms of personal risk insurance, Income Protection Insurance premiums are tax deductible for most taxpayers.

The after tax cost of the cover can therefore be significantly less than the cost of the premium.

As a doctor it is sensible to consider taking out Income Protection from day one of your career, but as it progresses and your responsibilities and liabilities grow making cover even more important.

If you lost your job would you be able to survive on your savings for more than a month?

Don and Bradstreet a debt collecting agency recently conducted a credit survey and found that many Australians were unprepared for financial hardship associated with redundancies and sackings.

Rate Detective supports LifeWise, a new organisation aimed at assisting Australians in gaining the right coverage for their personal insurance requirements.

Income protection and the optional inbuilt Total and Permanently Disability option.

Knowledge is power so maybe this will charge your batteries!

Making sure your not paying too much for your insurance is important, almost as important as having the right type and amount of cover.

With any investment we all want to know the returns then we want to know what the risks are. So when it comes to investment property what are the risks and the returns.

What is Salary Continuance Insurance?

Salary Continuance Insurance as well as Income Protection and, Sickness and Accident Insurance are all names for insurance and policies that try to pay you an income if you can’t earn yours due to being sick or injured.