Income Protection

[brisbane 04]

Hi All,
I know many of you out there have income protection. I'm now starting to look at getting some. I know it has been slack of me but I was hoping that any of you would like to share what you have in the way of income protection ie what company you use, the repayments, etc.Thanks for your help. Martin

 

[Peter 14.7]

1. Use A Broker! They will get the best deala nd in our case go to bat when the Company refused to pay out on technicality.

2. Do not allow any exclusions. See point one.

3. Only Income Insurance is Deducatable. Not life. Use Super for that.

4. It is worth it and try to lock in a flat fee without increases, your broker will helo.

Mine is in North NSW so try a local.

Zurich is best at the moment I and told.

Peter 147

 

[MichaelW]

Hi Peter,

Which broker in North NSW did you use? I'm in the market for income protection insurance myself at the moment too.

Thanks mate.

Cheers,
Michael.