Income protection

Why you need to protect your income

If you're unable to work for months or years due to illness or injury and we won't dwell on gruesome statistics or the story of John Ailing income protection insurance can help you avoid financial strife, when you least need it.

Income protection benefits are typically worked out at 75% of your gross income and paid monthly.

Make an insurance comparison

Perhaps the most important consideration when making an income protection comparison is how much insurance you need. This is usually determined by factors including a mortgage, other loans, living expenses and dependents (eg, school expenses). If you're unsure about how much insurance you need, try a calculator or read through our income protection guides.

Get income protection quotes quickly with Mozo

Compare income protection insurance quickly and easily right here on our website. For a personal quote based on your age, medical history and current working conditions. click on the purple 'Get quotes' button above . (In most cases, a medical is not required to apply for the policy.) We gather quotes from the top twelve insurers in Australia, and assign an expert advisor to help you look through them. This is a much easier way to compare income protection insurance than visiting the individual sites of the providers.

Income protection insurance benefits

Income protection insurance deals benefits against a range of conditions or events.Most basic levels of coverage include an option to return to work during the waiting period, a recurring disability benefit, and no insurance while you're on claim.

If you need more information to make a decision, check out our income protection guide - it has everything you need to know and nothing (morbid) you don't.