Benefits of income protection
Income protection insurance covers you for 75% of your income should you suffer from a sickness or accident and be unable to work.
Income protection insurance premiums are one of the few policies that are fully tax deductible.
Sickness and accidents do occur, and protecting yourself from the unexpected can help ensure your finances aren't left in dire straights.
A claim benefit payment can help cover:
- Mortgage repayments
- Rent
- Day-to-day living expenses
- Medical costs
Who needs income protection the most?
If you or your family relies on your income, then income protection is for you.
Think of it this way, if you suddenly suffered an injury or illness and couldn't work, could you cope financially? Could you pay for your bills and living expenses for a long period of time? If the answer is 'no', it is vital to get adequate income protection insurance to cover that risk.
xLife comparison service
Our award winning service is backed by a responsive team of financial advisers and customer service staff. We offer the following:
Free comparison of Australia's top policies
We'll discuss the top policies to suit your particular situation, and help you understand any jargon.
Free annual policy review
We'll conduct an annual comparison to ensure your policy is still competitive. We'll then call you to discuss your options, and whether you need to update your details or levels of cover.
Free claims management
If you need to make a claim we'll:
- take you through the claims process
- help you fill your claim form properly and outline any additional documentation you may need
- speak to the insurer on your behalf to ensure best claims outcome
Exclusive Offer! Call xLife on 1300 135 205 today and
save up to 20% on your first year's income protection premium.
April 2011
