Spatialcover Income Protection
Income Protection insurance provides an income stream if you are unable to work due to an injury or sickness. Benefits are paid monthly, not as a lump sum. The amount of cover is restricted to 75% of your gross salary.
The range of cover varies and a number of options are available.
The choice of cover depends entirely on an individuals circumstances. Income protection does not specify a list of accepted conditions, hence coverage is provided for temporary illness.
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