Who will pay the bills if you are injured or sick? How long would your finances survive?
Income protection provides a monthly income when you’re unable to work because of injury or illness – important to consider if you are concerned what would happen without your income.
This type of insurance provides an income replacement while you are unable to work as a result of either sickness or injury, Totally Disabled or Partially Disabled. Cover is provided on a 24/7 basis and usually covers the individual world wide. You can choose the waiting period, benefit payment period and how much of your income you will insure (subject to minimum and maximum amounts).
Payments are made until the end of the chosen benefit period or when disablement ceases. Whilst the benefits are tax assessable as income, premiums are 100% tax deductible.
This means you can concentrate on recovering and getting back to work, rather than watching your investments and savings slowly diminish.
To find out more and speak to your local expert call us on 1300 1AZURE or click here.
Professional Investment Services Pty Ltd
ABN 11 074 608 558 | AFSL 234951
Head Office
Level 14, Corporate Centre One
Cnr Bundall Road & Slatyer Avenue, Bundall, QLD 4217
T: (07) 5574 0244
F: (07) 5574 0180
E: info@profinvest.com.au
GENERAL ADVICE WARNING
The information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Professional Investment Services (PIS) Authorised Representative before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Professional Investment Services nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.
