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Income Protection

income protection
Income Protection provides a monthly payment if the insured is unable to work due to an illness or injury.

Most policies will cover up to 75% of gross salary or income in the event of total or partial disablement. Policies will generally also be able to include superannuation payments in addition to salary.

By replacing regular income, benefit payments will help the family to meet everyday living expenses such as rent or mortgage, utility bills, food and schooling.

Income protection policies are very flexible and can be tailored to meet the insured’s own circumstances. Waiting periods and benefits periods are totally flexible and can be tailored to individual needs and circumstances.

Generally income protection premiums are tax deductible to the policy holder.

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Australian Global Life Solutions. ACN: 601861992/ABN:42601861992. Authorised Representative No.001233203. Authorised Representative of The FinancialLink Group Pty Ltd AFSL 240938.

Information on this website contains general advice and has been prepared without taking account of your personal financial objectives, situation or needs. You should consider this advice and obtaining personal advice before acting on it. If you require personal risk insurance advice you can contact Australian Global Life Solutions on +61 7 5526-8955. We can also provide you with the relevant terms and conditions, guide to fees and charges, Product Disclosure Statement and Financial Services Guide which you need to consider before making any decision about whether to purchase or continue to hold a financial product. Please note Australian Global Life Solutions is unable to provide advice on expatriate health & evacuation insurance though we will refer you to our associate who can provide advice on this product.