AXA Income Protection Income Insurance Plan - 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 |
$46.39
Policy Description
AXA will pay a monthly amount should you become sick and unable to work
Target Market
This policy may be ideal to people who want to receive a monthly income stream in the event of sickness
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 40 monthly benefit $8,500 no medicals, 41 - 50 age up to $7,501 no medicals, 51 - 55 age , monthly benefit $6k no medicals
Ownership Ideas
This is generally held in your personal name as it may be tax deductible
Comments
Income protection insurance is generally also purchased with Life and TPD Cover
Let a MoneyQuest accredited insurance consultant help you with this insurance policy.
Product Disclosure Statement
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