Pays you a monthly benefit – usually between 75% and 85% of your income – if you get sick or injured and need to take some time off work. It's paid until you return to work, you reach a set age or the policy's agreed period is reached.
Compare income protection insurance
Our comparison tool helps you compare income protection insurance features and benefits in seconds.
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!
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Compare up to 4 providers
Read more on this topic
- Cost of living comparison
How much could you save if you lived in a different city in Australia? Find out here.
- Why are women charged more than men for income protection?
Financial literacy advocate Pascale Helyar-Moray on what women do to avoid losing out to higher costs.
- Sickness and accident insurance
Looking to protect your income in case of a serious accident or illness? Consider getting combined sickness and accident insurance.
- Is income protection worth it?
Income protection can be a valuable form of cover for Australians when its features are fully understood.
- Bill protection insurance
Here's how to compare your options for bill protection insurance to protect you if you're unable to earn an income due to injury, illness and redundancy.
- Coronavirus: Will income protection cover me?
Learn how income protection can help – whether you’ve already got coverage or you’re thinking about buying it.
- Income protection insurance brokers
The right insurance broker can assist you in finding the right policy by comparing the market based on your specific needs.
- Income protection for single parents
Find out why you need income protection if you’re a single parent.
- Is income protection worth it for students?
Find out how students can benefit from income protection insurance.
- Should renters get income protection?
Why renters need to consider income protection.