From 1 January 2016, our newsletter will no longer appear in this section. We now send via email - feel free to subscribe by emailing email@example.com with your name and email address - or you can connect with us via our social media channels.
While a broken arm or leg may not keep you off work, it is an inconvenience and it might put you out of pocket. What would a few thousand extra dollars do for you?
Many good quality Income Protection policies have a feature called ‘Specific Injury Benefit’ that will pay your monthly insured amount for a specific period of time regardless of whether you are totally disabled, need ongoing medical treatment or working. Plus, this benefit is usually payable during your waiting period.
For example, fracture of the upper arm can pay 2 months’ benefit or fracture of the jaw or collarbone (easy to do if you play rugby on the weekend!) will pay 1 months’ benefit.
Claiming for a specific injury will not have any impact on your future ability to claim and will not change your future insurance premiums.
Before you next step out of the house, make sure your Income Protection policy covers you for specific injuries.
For a quick Income Protection health check, [click here]or to speak with us about your needs, [click here] or call us on 02 9417 6011.
In : Life Insurance
Connect with us.
Click here to go to our newsletter archive.
Responsibility for the content and opinions expressed herein rests solely with the author and opinions expressed do not necessarily represent the views and opinions of Professional Wealth Services Pty Ltd. The information on this website is general in nature and may not be relevant to your individual circumstances. You should refrain from doing anything in reliance on this information without first obtaining suitable professional advice. You should obtain and consider a Product Disclosure Statement (PDS) before making any decision to acquire a product. This information is for Australian residents only. Whilst care has been exercised, the taxation information contained is provided as a guide only and may not be relied upon. If in doubt, you should seek independent tax advice from a qualified tax adviser.
Tudor Investassure Pty Ltd | ABN 74 881 211 664 | Phone: 02 9455 0655 | Email: firstname.lastname@example.org