Income Protection

Have you ever considered your income earning ability maybe your most valuable asset? What would happen if you woke up tomorrow and found you were incapable of working for an extended period of time, how would you survive without your income?

It’s as easy as a typist falling over and breaking their wrist on the weekend or a builder spraining their ankle on holidays and both cannot work for a period of time. How would you pay the mortgage, phone bills, and put food on the table? What if you could never work again?

So how does Income Protection Work?

Income Protection Insurance will pay up to 75% of all income (salary/wages, super plus any other benefits). The monthly income you receive from the policy can be agreed on (agreed value per month) when you take out the policy, or it can be calculated (Indemnity policy) according the income you’re earning at the time when you make the claim.

Income Protection Insurance premiums are generally tax deductible.

If you would like to know more or would like an estimate of the cost of insuring your income please call the office on 1800 556 122 or please visit our Financial Planning website for more information (opens in new window)

If you would like to discuss how Income Protection could help you please call the office on 1800 556 122 for an obligation free discussion of your needs or contact us here

(Small Business Works Financial Services Pty Ltd is an Authorised Representative of AAA Financial Intelligence AFSL 312 478)

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