Income protection insurance has the function of replacing the income lost through an inability to work due to sickness or injury for a period of time. Policies can cover up to 75% of gross wages for a defined period of time. There are a number of elements to income protection insurance that can be tailored to an individual’s needs. Each policy will have its own definition of disability, and benefits can vary widely.
Priority Claims Management can navigate the fine print in Product Disclosure Statements, to fully understand how your policy defines your cover, and take the stress out of the claims process by managing it professionally from start to finish.