BT Income Protection Insurance review

BT Income Protection Insurance is good if you want rehab benefits and lots of flexibility but its super option isn't ideal for some.

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Gary Ross Hunter

Updated

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BT income protection is not currently available via Finder. You can visit their website at www.bt.com.au for more information or compare alternative options available here.

BT life insurance: Our verdict

  • It comes with lots of flexibility – BT Income Protection Assured insurance allows you to choose when your cover starts, how long you're covered for and how much of your salary is covered.
  • Its policies are issued through an adviser so are tailored to your needs.
  • Rehabilitation benefits are available – some insurers don't offer this.
  • You can't take out BT Income Protection Assured once you're over 65.
  • You can also take out cover through super but this may not be the best value option for everyone as it eats into your retirement savings.

Read a more detailed review on:

BT income protection
Applying for cover

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Income protection insurance

BT offers an Income Protection Assured insurance policy which replaces up to 70% of your monthly income. It comes with similar benefits to other insurers. These include:

  • Rehabilitation and retraining benefits
  • A monthly benefit which automatically increases annually in line with any Consumer Price Index (CPI) changes, unless you request otherwise
  • A 5% multi-policy discount if you hold more than one eligible BT Protection Plan policy
  • Guaranteed continued cover as you continue to pay your premiums
  • Product upgrades, that don't result in an increase in premiums, get automatically applied to your existing policy

Note: Be sure to check the Product Disclosure Statement (PDS) for terms and conditions.

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Applying for cover

To apply for BT cover,

  • You must be aged 15 – 59 at the time of commencing cover or aged 17 – 65 for any replacement or reinstatement
  • You must be an Australian citizen, a permanent resident of Australia or the holder of an eligible spouse/partner or work visa
  • You must work at least 20 hours per week
  • You must be working in an eligible occupation (speak to a financial adviser or contact BT Customer Relations for more on eligibility)
  • You must not be an undischarged bankrupt

Still wondering if BT is right for you? Here are the main pros and cons summarised:

Pros

  • You can also get cover in your super.
  • Policies are guaranteed to continue.

Cons

  • You can't take out cover if you're over 65.

What are some of the key exclusions?

As with any insurance, certain conditions and exclusions apply and in the case of BT Income Protection Insurance, a benefit will not be paid if your death or disability is caused directly or indirectly by:

  • an intentional self-inflicted act or attempted suicide
  • an accident while you are under the influence of alcohol or non-prescribed drugs
  • an act of war (whether declared or not), except when you die on war service
  • engaging in any sport, pastime or occupation not normally covered at standard rates
  • any condition that you knew about before applying for cover.

How do I lodge a claim?

BT has a dedicated claims consultant who will talk you through how to lodge a claim. This can make it easier for you to lodge a claim successfully. Not all insurers have this. In some cases, BT may be able to assess your claim on the spot, over the phone.

Compare other leading income protection insurance brands

6 of 22 results
Finder Score Maximum monthly benefit Maximum % of income covered Maximum Benefit Period Offer
9.5 Excellent
$30,000
Up to 70%
Age 65
Get up to 70% of your income covered with flexible short and long term benefit periods.
Get quote View details
Compare product selection
8.6 Great
$10,000
Up to 70%
12 months
Get 6 weeks free with HCF Income Protect Insurance. Offer ends 10 Nov 2026. T&Cs apply.
Cover up to 70% of your monthly income by choosing a fund that puts members first.
Get quote View details
Compare product selection
8 Great
$12,500
Up to 70%
5 years
Get 10% off when you purchase by 30 Nov 2026. T&Cs apply.
Get quote View details
Compare product selection
NobleOak Income Protection logo
9.9 Excellent
NobleOak Income Protection
Finder Award
9.9 Excellent
$30,000
Up to 70%
Age 65
Get 2 months free with NobleOak Income Protection. Offer ends 30 Nov 2026. T&Cs apply.
With NobleOak, you can lock in a policy with a benefit period covering you up to the age of 65. Cover limits may go as high as $30,000.
Get quote View details
Compare product selection
Westpac Income Insurance logo
9.3 Excellent
Westpac Income Protection
9.3 Excellent
$30,000
Up to 70%
Age 65
View details
Compare product selection
St George Income Protection logo
9.3 Excellent
St George Income Protection
9.3 Excellent
$30,000
Up to 70%
Age 65
View details
Compare product selection
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Showing 6 of 22 results

Finder Score - Income Protection

Income Protection is a little complicated and a lot overwhelming. That's why we made the Finder Score, to make it easier to compare Life Insurance products against each other. Our experts analysed over 21 products and gave each one a score rank out of 10, to make it easier to compare Income Protection products against each other.

But a higher score doesn't always mean a product is better for you. Your situation is unique, so your policy choice will be too. Don't think of Finder Score as the final word, but as a good place to start your life insurance comparison.

Read the full methodology

Speak to an insurance specialist to help you find personalised cover

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Gary Ross Hunter has over 6 years of expertise writing about insurance, including life, health, home, and car insurance. Having reviewed hundreds of product disclosure statements and published over 800 articles, he loves simplifying complex insurance topics for everyday readers. Gary has contributed to major outlets like Yahoo Finance, The Sydney Morning Herald, and news.com.au, and holds a Bachelor of Arts (Honours) in English Literature from the University of Glasgow, along with a Tier 2 General Advice certification, ensuring his work adheres to ASIC’s RG146 standards. See full bio

Gary Ross's expertise
Gary Ross has written 520 Finder guides across topics including:
  • Health, home, life, car, pet and travel insurance
  • Managing the cost of living
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