Income Cover
Income Cover pays you a monthly benefit of up to 75% of your pre-disability income to assist with general day-to-day living expenses if you’re unable to work because of illness or injury.
You can select how long you must be off work before you receive payments and for how long the payment will be made.
Mortgage Protection Insurance
Mortgage repayment cover provides a financial safety net should you suffer a total or partial disability which causes a reduction in your ability to meet your mortgage repayments. The monthly benefit is designed to cover mortgage repayments on your behalf during treatment and recovery.
You can select how long you must be off work before you receive payments and for how long the payment will be made.
Household Expenses Cover
Provides a monthly payment to cover for those essential cost of running your household should you become incapacitated due to illness or injury. You can select how long you must be off work before you receive payments and for how long the payment will be made.
Expenses include:
- Electricity
- Gas
- Water
- Phone
- Rent
- Rates
- Body Corporate Fees
- Paid Television
- Internet
- House, Contents and Motor Vehicle Insurance Premiums
- Hire Purchase, Bank Loan or other Personal Loan Repayments
- Private School Fees
Premium Cover (Waiver of Premium)
This is the insurance policy for your insurance policy.
Premium cover provides a financial safety net should you suffer a total or partial disability lasting longer than the chosen waiting period. The monthly benefit is designed to relieve you of the financial responsibility of paying your policy premium during treatment and recovery until you can return to work full time.
Redundancy Cover
Redundancy is unfortunately a factor in today’s world.
This benefit provides a pre-arranged level of cover which pays a monthly benefit if you are made redundant. You will receive a monthly payment for a limited period of time giving you some breathing space while securing a new job.