What is it?
IF you had a "machine" in your back yard producing you $70,000 a year, would you insure this machine just in case it breaks down?
Income Protection, also known as salary continuance, is an insurance cover that can pay you a monthly benefit of up to 75% of your regular income if you're unable to work due to illness or injury. Furthermore, if you were unable to return to work indefinitely this could provide you with a monthly income payment to age 65.
Why do you need it?
Protecting your income means you are protecting your lifestyle.
Your ability to earn an income is your greatest asset. What would happen to you or your family's lifestyle if this income were to stop?
How would you continue paying the mortgage, children's school fees, phone and utility bills, run your car, buy food and clothes, basically all of your day-to-day living expenses?
Protect your greatest asset today!
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