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.
Professional players are at high risk of becoming injured, and what would happen to a professional athlete if he were to suddenly have an accident that prevented him from playing sport for some time?
Insurance companies have finally realised that there is a need to provide income protection to sports professionals.
Income protection insurance will provide an income if you are unable to continue playing your sports due to sickness or accident. Many policies cover up to 75% of your salary.
The provision of income would continue for a specified time or until the sports player is recovered and able to commence playing once again. Income protection policies are very flexible and can be tailored to suit your individual and family circumstances, and premiums for Income Protection are usually tax deductible.
So if you would like to find out which insurance company in Australia offers best income protection insurance for professional athletes - please give us a call on 1300 793 143 and let one of our trained advisers help you find the right policy to suit your sport and your requirements.