Income Protection Cover is designed to provide you with an ongoing monthly income if you are unable to work due to sickness or injury. You can usually cover up to 75% of your income plus superannuation contributions.
Premiums are generally tax deductible, whilst benefits are subject to tax, like your income.
Like all ClearView covers, Income Protection Cover is straightforward and flexible. You may flexi link the Extras Package Option outside of super and Income Protection or Income Protection Plus Cover inside super, which may be a more cost effective solution.