Income Protection
Income Protection Cover protects one of your most important assets
your income. It pays a percentage of your lost income on a monthly basis if you
are disabled and unable to work due to an illness or injury. This could help
pay your bills and meet other financial commitments while youre off work,
allowing you to focus on your well-being and recovery. Income cover provides
you with 75% of your gross annual income till the age of 65 if you are unable
to do your own occupation due to disability or sickness. People are often under
the misconception that ACC will look after them. This may be true in the case
of an accidental injury but not in the case of sickness. This is where an
income cover policy is more comprehensive.