Benefits
If you have an accident or illness that means you’re unable to work, Income Protection Cover pays you a monthly income of up 75% of your pre-tax income.
In addition, Income Protection Cover can give you extra protection with the following benefits:
• Partial disability – pays a benefit if, after a period of total disability, you’re able to work but in a reduced earning capacity
• Total disability – payment of up to 100% of your pre-disability income if you’re totally and permanently disabled
• Bed confinement – pays a daily benefit if you’re confined to a bed for over three continuous days as a result of total disability
• Return to home – payment to help with the costs of returning home from overseas if you’re totally disabled
• Home care – an additional payment to help with the cost of a full-time carer at home
• Occupational retraining – a benefit will be paid for reimbursement of costs to retrain after a claim has been made
• Rehabilitation – payment to cover company-approved purchases of specialist equipment or home alterations
• Death – most income plans have a death benefit built in.
Please refer to the relevant policy document for full details of the insurance contract and the terms, conditions, limitations and exclusions that may apply.
