Income protection insurance

[Denver]

Who's got it, and who do you recomend, costs etc, and what does it cover, job loss, illness etc..

Thinking its a good idea seeing as I now own a house, and I've already been stung once in GFC 1, if theres a v2 I'd like to be prepared..

[baz]

Ian Postie - OAMPS 0427 222 116 ian.postie@oamps.com.au Have heard good reports about him through work.

[[SPESHAL]]

Only covers inability to work due to medical reasons - not redundancy / job loss.

Cost depends on waiting period, medical history, length of cover, sum insured, etc, etc, etc, i.e. can vary significantly!

[Torquen]

;1008534']Only covers inability to work due to medical reasons - not redundancy / job loss.!

This was my understanding too. Most larger companies will offer that as part of a remuneration package.

[RELEASE]

;1008534']Only covers inability to work due to medical reasons - not redundancy / job loss.

Cost depends on waiting period, medical history, length of cover, sum insured, etc, etc, etc, i.e. can vary significantly!Pretty much sums it all up.

[racegtst]

I am happy to have a chat as a Financial Adviser who deals in this day in day out. Pm me your contact number and I can give you a call.

[Moody]

After being off work for the since September due to a car crash. I would say it is a good idea. Being young, it never crossed my mind to even look in to getting this. Otherwise if you qualify you can get roughly $490 a fortnight from sickness benefit

[PHIL]

for injury look at combined insurance. i was on top cover for my income cost 4k a year had 2 years off with compressed neck 2 farked shoulders broken wrist and ankle wheelchair for 3 months. recieved 130k a year before tax. if it wasnt for that i would be bankrupt.

http://www.combined.com.au/

[Charger]

Wish I had some around six weeks ago when I unexpectedly went into hopsital and have been off work til last week. It's something you never think about...

Definitely looking into getting it now.

[Denver]

So no options if I lose my job? Bugger. Still be looking into it as I'd be dumb not to. But was hoping there was an option that covered job loss.