Income Protection can provide you with that regular income you need to meet your day to day expenses. Generally, you can cover up to 75% of your salary, paid as a monthly benefit, if you are unable to work due to illness or injury. In most cases, income protection premiums are fully tax deductible, making it even more affordable to protect what is probably your biggest asset – your … [Read more...]
Are there alternatives to income protection?
February 14, 2014 by ·
Research tells us that 69% of Australians do not own income protection insurance*. This alarming statistic begs the question about what the alternatives are for those people who choose not to insure their income. The first factor to establish when looking at the issue of whether income protection may be worthwhile for your situation is to examine the potential loss that you may face if … [Read more...]