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    Income Protection Insurance - where to start

    Interesting. I pay annually so that's probably about $600pa extra. Not too bad actually, but not needed for me.
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    Income Protection Insurance - where to start

    I didn't as I want to keep the cost down. But to me the risk is low because: -5 year service, would mean a payout if redundant -Contacts I can get a job with -Properties are neutral/positive cashflow To me this insurance is something I never want to claim on, and I think the chance of...
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    Income Protection Insurance - where to start

    It's alot cheaper than I thought too. The policy I'm going for pays for up to 6 years 75% of my IT job income, and is only $1100pa. That's on level premiums too, so it only goes up with indexation not age. After 30% tax deduction, that's only $770pa, cheaper than a single building...
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    Income Protection Insurance - where to start

    Thanks Wylie, I finally got around to calling Jason recently and he helped me sort something out. Cheers
  5. D

    Income Protection Insurance - where to start

    Hi All, Having doubled my IP debt recently and increased LVRs, I'm thinking it's time I took out some insurance for my income. However I've never ever looked at this kind of insurance before. With lots of loans and more than the usual amount of properties, I'm assuming buying insurance...
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