Income protection payments are usually monthly benefits paid to you if you can’t do your normal job because of injury or illness.
Sometimes called ‘salary continuance’ or ‘temporary disability’ benefits, they are designed to give you income support until you get better and are able to return to work.
It’s very important to contact us on (02) 9893-1832 or firstname.lastname@example.org for a free consultation to discuss your rights.
Frequently Asked Questions
Income protection benefits can be a fixed amount of up to 75% of your salary, or higher.
To be eligible, you have to be off work for the waiting period (30, 60 or 90 days) and unfit to do at least one of the duties of your normal job or maybe all of the duties; it depends on the wording of your specific policy.
If you go back to work part-time, you may be eligible for partial disability payments.
Benefits can be paid for two years, five years or maybe even up to age 65 or 70 depending on your policy.
The payments are usually offset against any workers compensation, motor vehicle injury or Centrelink weekly payments you receive.
It’s very important to contact us to seek advice and discuss as policies can be very tricky to understand.
With all Income Protection claims, you have a right to make a complaint to the Superannuation fund to see if you can overturn their decision. Other options are litigation in the Supreme Court.
It’s very important to contact us for a free consultation to discuss your rights.