Finder Awards 2020 Best Income Protection
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Best Income Protection
This policy offers competitive pricing and features a maximum monthly payout of $25,000, and benefits up until age 65.
Other benefits cover rehab, spousal support and nursing care.
Methodology: Best Income Protection
Here's how our expert analysts assessed the Best Income Protection category to pick the 2020 winner.
Selection and scoring
Quotes were obtained for a $500,000 policy for customers with the following profiles:
Features were assessed as follows:
- Max Monthly Benefit Score 25%
- Max % of Income Covered Score 15%
- Max Entry Age 10%
- Benefit Period Options 5%
- Max Benefit Period 10%
- Waiting Period Options 5%
- Minimum Waiting Period 10%
- Interim Cover Offered 5%
- Redundancy Cover Offered 5%
- Death 5%
- Total/Permanent Disability Cover 5%
Overall score was calculated as follows:
- Smoker Quote Score 10%
- Non Smoker Quote Score 20%
- Features Score 70%
More guides on Finder
Finder Daily Deals: The 5 best online deals in Australia today
Today's best Finder Daily deals include: 55% off Lay-Z Inflatable Spas, $899 Macbook Air laptops, 36% off Nespresso coffee machines.
Best NAS devices in Australia
Upgrade your home storage with one of the best NAS devices available on store shelves here in Australia.
Best camping stoves in Australia
We’ve done the hard work to help you find the best camping stoves you can buy right now.
Best energy provider in Australia
Learn how to compare energy providers in your state with our free online tool.
Best grout cleaners in Australia
These are the six best grout cleaners you can bury right now in Australia.
The best Sony PlayStation 3 games of all time
While it’s only recently retro, the PlayStation 3 is home to a lot of really great games – but which ones are the very best?
Best kitchen scales in Australia
We read hundreds of customer reviews to find the best kitchen scales you can buy online in Australia.
Best sleep masks in Australia
We've found the best sleep masks you can buy right now including light blocking, memory foam, cooling, silk and gel options.
Best foundation for mature skin in Australia
We read hundreds of customer reviews to find the best foundations for mature skin you can buy online and in-store in Australia.
Best tinted moisturiser in Australia
We read hundreds of customer reviews to find the best tinted moisturisers you can buy online and in-store in Australia.