Income Protection is an insurance policy that provides you with an income if you are unable to work due to serious illness or an accident.
Who needs income protection?
If you are self-employed, income protection should be considered a necessity.
How much income protection do you need?
Most policies allow you to cover up to 75 per cent of your present income – this is considered ‘maximum cover’.
What are the major benefits of income protection?
• In most cases you can insure your income for less than your car! • Premiums are tax deductible • Choose a start date for benefit to begin – the further away the date, the lower the premiums • Peace of mind – you and your family won't have to worry about financial security
For more information or an appointment, call us on (08) 8132 9288 forS.A, or(02) 6286 0517 for A.C.T, or send us an email.
Please note the above overview of a personal insurance policy is intended to form the basis of further discussions with a qualified risk insurance professional, and should be therefore considered to be of a general nature only. The information provided above should not therefore be in any way considered to be advice of a personal nature.
Eastwoods Wealth Management Pty Ltd and its representatives cannot be held liable for any damages or losses that may eventuate as a result of you personally acting on any of the general information presented above.
Prior to proceeding with any form of life and/or disability insurance, we recommend as a matter of best practice, that you first seek professional financial advice in order to determine the appropriateness of this insurance in relation to your personal and financial situation.
Eastwoods Wealth Management Pty Ltd representatives are duly authorised to provide you with personal financial advice in this regard.
Community CPS Australia Ltd | AFSL 237856 | ABN 15 087 651 143 | BSB No 805-022
The information about insurance on this website
is provided without taking into consideration your personal objectives, financial
situation or needs. You should consider the relevant Policy Document and Product
Disclosure Statement (PDS) to ensure the insurance is appropriate for your personal
objectives, financial situation and needs before making any decisions about
the product. The relevant PDS is available for you to view, print and save when
you enter the Quote and Buy page.
We are also required to provide you with the Community CPS Financial Services
Guide (FSG) before you acquire this product. We encourage you to take a few
minutes to review our FSG using this link:
