Macquarie Income Protection Disability Income - 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 |
$46.79
Policy Description
The policy provider will pay a regular monthly payment after an initial waiting period should the owner become sick and unable to work
Target Market
This policy has been created to provide a regular income payment in the event of sickness
Summary of Benefits
Total and Partial Disability, specific injury benefit, death benefit, indexation increases, premium waiver, involuntary unemployment, premium wavier
Add On Features
Extra benefits option, accident option, claims escalation option, superannuation cover option
Payment Options
Annual or monthly. There is a loading if there premium is paid monthly.
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Underwriting Requirements
Up to age 45 $10,000 month benefit no medicals, Up to age 55 $7,500 monthly benefit no medicals, Up to age 55 $5,000 no medicals
Ownership Ideas
This is generally held in your personal name as it may be tax deductible
Comments
People who are interested in income protection insurance are also interested in life and total and permanent disability insurance
Let a MoneyQuest accredited insurance consultant help you with this insurance policy.
Product Disclosure Statement
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