Financial Services > Income lnsurance > Income Protection Insurance > Benefit levels & illness exclusions

Benefit Levels and Illness Exclusions

An income protection policy aims to provide sufficient income to replace any earnings lost as a result of sickness or injury and without reducing your financial incentive to return to work.

Maximum income insurance

All policies set a maximum income insurance benefit limit, which basically means the maximum level you are allowed to insure of between 50% and 60% of your gross salary (before tax), plus state benefits. Successful claims are paid out by the insurance policy as a tax-free income.

Illness Exclusions

There are some illnesses that an income insurance policy will not cover.

These include:

  • Aids
  • Self-inflicted injury
  • Illness as a result of drug or alcohol abuse
  • Illness as a result of criminal activity or an act of war
  • Pregnancy
  • Childbirth, or associated complications
Critical Illness Cover

Critical Illness Cover

Protect your family should you become seriously ill or disabled.

Critical Illness Cover
Family Income Benefit

Family Income Benefit

Protect the family income with a family income benefit quote.

Family Income Benefit