AMP Income Protection Income Protection Standard - Income Protection
| Star Rating | ![]() ![]() ![]() What's this? |
|---|---|
| Cover Amount | $5,000 |
| Gender | Male |
| Age Group | 30 - 34 |
| Smoker | Non Smoker |
| Occupation | Professional |
| Expiry Age | 65 years |
$47.28
Policy Description
A monthly income stream will be paid in the event of sickness after an initial waiting period
Target Market
Targeted towards people looking for protection in the event of sickness and looking to recvieve a monthly income amount
Summary of Benefits
Waiting periods , 14, 30, 60 and 90 days Benefit period from 2, 5 years up to age 65 AIDS cover Guaranteed Future Insurability Benefit Indexation
Add On Features
Waiver of Premium
Payment Options
Annual or monthly. There is a loading if there premium is paid monthly.
Let a MoneyQuest accredited insurance consultant help you with this insurance policy.
Underwriting Requirements
IP: Up to age 60 $3k monthly benefit no medicals
Ownership Ideas
This is generally held in your personal name as it may be tax deductible
Comments
People who generally apply for this type of insurance also apply for a Life and TPD Cover joint policy
Let a MoneyQuest accredited insurance consultant help you with this insurance policy.
Product Disclosure Statement
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