Insuranceline Income Protection Review |

Insuranceline Income Protection Review

Cover up to 75% of your regular income if you suffer an illness or injury with Insuranceline Income Protection

Insuranceline Income Protection

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Income protection insurance from Insuranceline allows you to secure your income so you know it will be there if you were sick or injured. You can choose the options and benefits which suit your needs and your family's financial situation, and you can choose a benefit of up to 75% of your regular income when you make a claim, which can be up to $10,000 per month for up to five years.

Current offers from Insuranceline Income Protection

Insuranceline Income Protection DealInsuranceline Income Protection Deal

Get a $100 bonus gift after 2 months.

Plus, get 12 months cover for the price of 11 if you pay for Income protection annually. T&Cs apply.

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Get a quote for Insuranceline Income Protection

Name Product Maximum Monthly Benefit Maximum % of Income Covered Maximum Benefit Period Waiting Period Options
Insuranceline Income Protection
Up to
5 years
14, 28, 60 or 90 days
Get a $100 bonus gift after 2 months. Plus, and get 12 months cover for the price of 11 if you pay annually. T&Cs apply.

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Maximum monthly income$10,000 (Up to 75% of your monthly income)
Cover types
  • Insuranceline Income Protection
Age of entry18-60
How do I apply?Call the insurer at 13 77 87

Based on the Insuranceline Income Protection Insurance policy. Information last checked on March 2021. Always consult the Product Disclosure Statement (PDS).

  • Flexible choice of waiting periods and benefit periods
  • No redundancy cover
  • Cover 75% of your monthly income (most policies offer 75%)
  • Doesn't cover people aged 61 and over

Based on the Insuranceline Income Protection Insurance policy. Information last checked on March 2021. Always consult the Product Disclosure Statement (PDS).

This cover might be suitable if:

  • You are after a higher percentage of income covered.
  • A flexible choice of how long your cover lasts for.
  • A flexible choice of how long you want to wait before income protection kicks in after claim.

Don't get this cover if:

  • You are over 60 years of age.

Information last checked on March 2021. Always consult the Product Disclosure Statement (PDS).

Features of the Insuranceline Income Protection Policy

Insuranceline gives you plenty of time and financial support to get back on your feet, with the following features:

  • Up to 75% of your regular income benefit: Your income protection benefit from Insuranceline is paid to you as a monthly income, which is a percentage of your regular income. While you won't have exactly the same amount coming in each month, you can use the income benefit any way you choose, whether you need to use it for medical bills, mortgage repayments, utility bills or basic every day expenses like groceries.
  • Cover for illness and injury: Insuranceline income protection cover will pay a benefit if you become ill or injured and unable to work. This means you are covered for many common injuries and illnesses such as broken bones and fractures; however, you won't be covered for alcohol-related sickness or injury, injuries which are self inflicted or injuries caused by an act of war. For mental health related conditions, you will be covered 6 months after the cover commencement date.
  • Easy application made more affordable: You can apply easily for income protection with Insuranceline over the phone.
  • Choose your waiting period and benefit period: Insuranceline's Income Protection offers generous benefit periods of up to five years (for sickness and injury cover) giving you plenty of time to get back on your feet. Plus, with the Insuranceline Income Protection you can choose a waiting period of as little as 14 days (on sickness and injury cover), so you don't have to risk depleting your savings or other investments if you're unable to work.
  • Tax deductible premiums: Not only are the Insuranceline premiums affordable to begin with, they are generally tax deductible at the end of the financial year. This means your income protection insurance can help contribute to your refund at tax-time so you don't have to make a claim with Insuranceline to start benefiting from your cover.
  • Mental health related conditions. This feature covers you for mental health related conditions 6 months after you've held a policy.
  • Recovery support benefit. During your initial recovery, you might be confined to your bed and unable to leave your home without help. During the first 2 months of your claim payout period, you can get reimbursed for childcare, professional nursing, professional home cleaning services, meal delivery services, laundry services and more.
  • Life insurance premium waiver. If you hold an Insuranceline Life Insurance and Insuranceline Income Protection Policy, the premiums for your life insurance policy will be refunded with your income protection benefit payments for up to 3 months while you're receiving Insuranceline Income Protection benefits.
  • Family discount. If you add another adult to your policy, you'll receive a 5% joint policy discount.

Note: It's a good idea to check the Product Disclosure Statement (PDS) for full terms and conditions in regards to benefits and exclusions.

Insuranceline Income Protection - Cover Options

Sickness and Injury Cover
Maximum monthly cover amount$10,000
Maximum % of income covered75%
Benefit Period6, 12, 24 months or 5 years
Waiting Period14, 28, 60 or 90 days
Proof of incomeRequired
Expiry age65
Cover Options
Sickness and Injury CoverInsures up to 75% of your income, with a maximum payout of $10,000 per month. Choose a benefit payout period of 6, 12, 24 months or 5 years.
Mental Health Related ConditionsCover commences 6 months after the cover commencement date, including after any increases in cover.
Accident Benefit OptionIf you select this optional extra with an existing waiting period of 14 or 28 days, your claim will be paid on the date of your accident/injury occurring, including a waived waiting period.

Applying for Insuranceline Income Protection

  • Eligibility: Insuranceline's Income Protection Cover is available to Australian residents between 18 and 60 years of age. You can take out cover over the phone or send a request for more information through the Insuranceline website. You can phone between 8am and 8pm Monday to Friday, or visit to find out more.
  • Duty of Disclosure: Before you apply to buy a policy from Insuranceline, you'll need to satisfy your duty of disclosure under the Insurance Contracts Act 1984. It's your responsibility to answer any questions that the insurer asks you honestly and completely, plus to disclose any information which may affect the company's decision on whether or not to grant you cover. Failure to do so could result in your future claims being reduced or rejected, or perhaps even the cancellation of your policy.
  • Cooling off period: A 30-day cooling-off period applies to Income Protection. Often described as a money back guarantee this gives you 30 days after you sign up for a policy in which you can assess whether the policy meets your needs and if you still want to keep your cover. If you cancel your policy during this time, you'll receive a full refund of any premiums you have paid.

Insuranceline Income Protection General Exclusions

Just as you would find on any other insurance policy, Insuranceline's Income Protection Cover contains a list of exclusions. Under this type of policy, your claim will not be paid for claims caused by:

  • Pregnancy
  • Self-harm
  • Drug and alcohol related sickness or injury
  • Overseas travel
  • Criminal activity
  • In jail or lawfully detained
  • War and terrorism
  • Other specific exclusions you agreed to when you took out the policy

Insuranceline Income Protection Premiums

The premium you will have to pay for your Insuranceline Income Protection Cover will be shown on your policy schedule. Your premiums will increase each year as you grow older, and will also rise in line with any increase in benefits. Similarly, if your benefits decrease your premium will be altered accordingly. Other factors, such as your occupation, age, lifestyle and health history will also be taken into account by Insuranceline when determining the amount of your premiums.

Insuranceline Income Protection Insurance Claims

  • Claim as soon as possible: Because making a claim under your income protection policy can be during a very stressful time, Insuranceline aims to keep the claims process as simple and straightforward as possible. If you need to make a claim under your policy, you need to contact Insuranceline at 13 77 87 as soon as possible after you discover you will be unable to return to work for longer than your Income Protection waiting period.
  • Supporting evidence: Insuranceline will then provide a claim form which you or your legal representative will then need to complete and then send back to the company. You'll also need to provide any other information which the company may require to process your claim, such as proof of your income or any other documents which Insuranceline requires in order to validate your claim.
  • Monthly claims progress form: Every month that you are unable to return to work, in order to continue to qualify for a benefit you'll need to complete progress claim forms and send them to Insuranceline. Remember that you'll have to bear any standard cost involved in providing the appropriate documentation or information to Insuranceline.
  • Additional evidence: The supporting documentation and information you will need to supply may differ depending on the claim. However, all claims will require a certified copy of the proof of age of the life insured and the completion of a progress claim form each month. Other information you could have to provide may include evidence from a medical practitioner, evidence of the date and location where an event leading to an injury occurred, and proof of income for the previous 12 months.

Once Insuranceline has received acceptable proof, your claim will be paid. However, in order to continue receiving a benefit you will need to be under the care of a medical practitioner and following their advice.

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