You work hard for the ones you love. But what if you couldn't?
Should illness, accident or emergency strike, whose hands will your family's financial future lie in?
You don't have to leave these important questions to fate with the help of Income Protection Insurance.
“It won't happen to me.” It's a phrase we've all relied on. Unfortunately, the reality is much harsher. Around 17,000 working age parents a year suffer injury or illness so severe they’re forced to stop working.* But it doesn't have to be this way.
From as little as $1.50 a day you can be covered* – avoiding the financial stress an emergency situation could bring. After all, when tragedy strikes, drawing on assets or taking on more debt is the last move you'd want your family to have to make.
Why Income Protection?
Put simply, if sickness or injury strike, Income Protection allows you to:
- Cover up to 75% of your income to keep your family afloat.
- Look after the ones you love with a range of options for every need and budget.
- Maintain your lifestyle. You can have the funds ready for rent, mortgage, living and medical expenses even when you're unable to work.
- Pay through your super. You can have your income protection premiums deducted from your superannuation account, so you can keep enjoying your day-to-day cash flow.
At MyState, we can help you find the right insurance policy to protect your most important asset – your ability to earn an income and support your family.
*Lifewise/NATSEM Underinsurance statistics.