The implications of losing a job due to pay reductions, lay-offs, accident or illness can be quite wide-ranging. Your whole life would turn upside down. Some of the very obvious impact may include rent, mortgages, bills, educational fees, etc. Such dire situations may compel you to run to loan sharks or to sell off your [...]

Get financial advice on income protection insurance calculators


You should consider obtaining advice from a financial adviser before making any final decisions. You should not make a decision on income protection based solely on income protection insurance calculators.
Getting financial advice on income protection is always valuable. A qualified and experienced financial adviser, particularly one who specialises in personal insurance and risk management, can help you find the right income protection policy by comparing multiple income protection policies from different life insurance companies and finding the most competitive premium for you.

Your biggest asset is probably not your home, or superannuation balance. If you multiply your yearly salary by your years to retirement, you may be surprised by the large figure. For someone aged 25, 40 years earning $50,000 per year is a cool $2 million. Now that is definitely something worth protecting! When you are [...]

Income protection insurance calculators

December 17, 2010

Income protection insurance is a vital part of any financial plan, so it worthwhile doing your research to find the most competitive premium without compromising on the quality of cover. What is Income Protection Insurance? In Australia, income protection insurance pays a monthly benefit up to 75% of your salary from personal exertion should you [...]

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