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Best Income Protection Quotes
Income Protection Insurance can be confusing, who provides it? How do you get the best deal? What exactly am I insuring? We have established relationships with the top Insurance companies in Australia and so are able to provide you with instant access to the best quotes available.
If you suffer from an accident or injury which prevents you from being able to work then your policy will continue to pay you 75% of you salary for your benefit period. This insurance could be the difference between knowing that your financial commitments can be met, and financial hardship. Protect your finances with with care!
Why You need Income Protection Insurance
If an illness or injury prevented you from being able to work how long would you be able to survive financially. Your sick leave and long service leave may only take you so far, and if your injury happened outside of work, you will not have workers compensation to rely on.This policy will pay up to 75% of you salary after your waiting period so that your finances can be taken care of while you take the time to recover. IPI is also a tax deduction, meaning that at the end of each financial year you will get a tax benefit on the premiums that you pay, making it even more sensible.
With one phone call to Income Protection One, you will get instant access to the best policy for you, at the best price. Call now and protect your income today!
Life Insurance Compare | PO Box 6537, Rouse Hill Town Centre, NSW 2155 |
The authorised representatives at IncomeProtectionOne are authorised representatives of Affinia Financial Advisers Limited AFSL 237857 ABN 13 085 335 397
The Best Income Protection for Carpenters
As a tradesman, you need to ensure that you are protected in all instances; both on and off site. An injury could have a major impact not just on themselves and their family, but it could potentially mean loss of work as well. Statistics show that it is more likely males experience an injury more than females, this puts the workers of the trade industry which is male dominated at further risk. Statistics show that nearly a staggering 10% of construction workers injure themselves at work. It is essential to think about how you and your family would cope if an unfortunate event were to happen leaving you with an illness, premature death or with an injury that stopped … Continue reading
Tax Deductible Premiums
Did you know that Income Protection is Tax Deductable? By protecting your income you can also lower your taxt bill at the end of the financial year. This means that Income Protection Insurance is not only a sensible decision, but also more affordable! This is how it works: if you were earning between $81,000 – $180,000 then you pay tax at the marginal rate of 37 cents in the dollar, if your monthly premium is $160 then your premium paid will be reduced to $100.80 per month, a saving of $59.20 a month just by claiming your premium as a tax deduction at the end of the financial year . Your tax accountant will be able to provide you with … Continue reading
Income Protection Insurance and its Types
Types of Income Protection · The Indemnity value ; with this type of cover, you are required to show proof of your income at the time that you apply for IP, however at the time of claim, you will be requested to provide documentation which shows proof of your income. The value of your monthly payment is bound to 75 percent of your gross income or the sum insured whichever is the lesser amount. · The Agreed value policy; with this sort of cover, you provide proof of income during the application, and you won’t be required to provide income proof at the time of claim. This also means that regardless of a decrease in your income, you are paid the … Continue reading