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That's ok all good pt bear, given I have death/tpd, work cover/TAC, and have a long period of 15months sick leave do you think IP is really needed in your opinion or is this an expense I could get rid of??

Thanks for your input pt bear as always , but TAL is also done upfront when you join them like CBA so a payout I believe is 100% the application with a TAL is not done at the point of a claim from what I have been shown. TAL Policy has minimal death cover and no mortgage insurance like I had...

so I guess in your opinion, my current cover would not be the safest option, possibly getting income protection again with a waiting period of 12months could be a better option...

Yes that's true, just make sure you will be able to access cash in a event of a claim I hear sometimes money goes to super then its up to them to give it to your or something along those lines... This income protection is really stressing me out trying to decide whether to keep it or not...

Macca446 thanks for your feedback and sorry to hear... your making my brain think really hard all over again... so confused whether to get it again with the company that's much more cost effective (TAL) and still covers quite well... grr...

Have spent the last couple of weeks reviewing my IP with CBA which I have had for four years, have cancelled this policy today because I can get a very similar product though TAL for much cheaper.. (compared PDS thoroughly) But my thought has now shifted to not worrying about it because...