Adviser Centre

Income Protection Benefit.

  • Defaqto 5 Stars 2014 for IPOur plan is designed to pay a monthly benefit to the client if they are unable to work due to incapacity caused by illness or injury, resulting in a loss of earnings. 
  • Can only be taken as a single life policy.
  • Options available at outset for an additional cost include Low Cost Cover, Stepped Benefits, Total and Permanent Incapacity Benefit or Indexation.
  • Benefits automatically included from outset are Waiver of Premium, Accident hospitalisation benefit, Continuous cover, Proportionate benefit, and Linked claims.
  • Cover can be increased using the Guaranteed Insurability Option (GIO) during the term of the policy without further underwriting.
  • Other changes can be made to the policy and will be assessed at the time. 
  • Available for housepersons, working less than 16 hours a week.
  • This is not a savings or investment product and has no cash value, unless a valid claim is made.
  • Income Protection Benefit policy should be reviewed regularly with your client.

Limitations and exclusions apply.

 

Products Within The Range

Income Protection Benefit - product details