The 9 insurance companies and saving of 40% is based on the highest priced product available on Rate Detective's panel versus the lowest priced product on that panel, as at 20/06/2016 and based on hypothetical 42 year old female non-smoker seeking $1m life insurance cover (premium level). Not all life insurance providers in the market are included in the comparison. The amount of any savings will depend on your circumstances.
This offer is available for all insurance companies that are on our panel. To take advantage of this offer, mention the offer to Rate Detective at the time you submit an enquiry for a quote. After 12 months we will email you a reminder that your rebate is due, so you can call to confirm your details. To be eligible for this offer, your policy needs to remain in force for the full 12 months. Any rebate to which you are entitled will be paid directly into your bank account or provided on a Gift Card.
If your policy is taken out through a Superfund, other than a SMSF, once we receive confirmation from that fund that it has rolled over the money to the insurance company you have selected, we will pay 20% of the rollover amount to your nominated bank account.
Simple & Obligation free
Get a market comparison with no obligation to buy.
Receive a personalised quote from one of Australia's largest financial comparison site
No forms to fill out or sign
We do the work for you over the phone
Income Protection Insurance for Truck Drivers
Being a truck driver can be quite a challenging job. You work long hours and spend a lot of time away from home. Aside from those things, you also need to be extra focused with your work, especially when ensuring the safety of your cargo and that it gets to its destination on time.
However, there's one important thing that many truck drivers in Australia forget: their own safety. A lot things could happen on the road. And when you get sick or injured, you might be unable to work, which could lead you to lose your income. In that case, there's income protection insurance. We'll discuss more about this in the following paragraphs, so if you're ready then read on.
What Income Protection Insurance Does
Income protection insurance is a specific type of insurance that is designed to help you earn income even when you're unable to work due to an illness or injury. When you take out income protection insurance, you will be able to receive monthly benefits of up to 75% of your salary. This is important, because you could use the money to help you pay for your medical expenses, the expenses involved in your recovery, as well as your daily household expenses.
Things to Consider
Like other types of insurance, there are a number of factors that you need to consider to help you choose the right policy for you. First of these is making the choice between indemnity and agreed value insurance policy. If you receive regular salaries with a possibility of an increase, we recommend that you choose indemnity value. The reason for this is that that type of policy considers your last few paychecks to determine the value of the benefits you will receive. It is also more affordable than the agreed value option.
Another thing to consider is the waiting period. Insurers usually offer 30 and 90-day waiting periods before you could receive your first benefit. Naturally, you'd want to get the benefit as soon as possible, but shorter waiting periods cost more than longer ones. It's up to you then, to decide whether getting your benefits sooner or saving money is more important to you.
Contact us on 1300 793 143 and we will organize you quotes from up to 9 Insurance companies in under 10 minutes. Our consultants will talk you through the process. Contact us today for more details!
Reproduction in part or whole without written permission is prohibited.
RATE DETECTIVE PTY LTD. AUSTRALIAN CREDIT LICENCE NO. 469009
The Rate Detective brand is operated by Spotter Finance Pty Ltd an authorised representatives (AR Number 1254369) of MYONLINEADVISERS PTY LTD ABN 85 159 942 828 Australian Financial Services Licensee 427484. Spotter Finance and its advisers are authorised to advise and deal in superannuation and life insurance products only.
Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. Please note our advice does not include independent financial, legal and taxation advice prior to acquiring a product.
Not all providers of insurance, mortgages, and credit cards on the market are included in our comparisons. The amount of any savings will depend on your circumstances.
The financial products compared on this website do not necessarily compare all features that may be relevant to you. Comparisons are made on the basis of price only and different products may have different features and different levels of coverage.
Compare life insurance, home loans, income protection and credit cards to find a competitive rate for your situation by providing you prices for all products on our panel. There are hundreds of choices out there, and our guides and calculators can help you when you are searching for these products.
Rate Detective aims is to save its customers money, time and effort through its innovative rate comparison website designed specifically to cater the needs of the Australia market. Rate Detective is a one stop online shop that provides the necessary tools to help you find and compare home loans, personal insurance, credit cards and travel insurance. Rate detective is even able to help you find suitable electricity providers!
Do an online comparison today or if you would like to call our centre we have trained professionals
ready to help with your enquiry.