Do you need Income Protection insurance?

Think about the following questions. If you answer 'no' to any of them, then maybe you should think about income protection.

  • Are you wealthy enough to be able to survive without your income?
  • Could you maintain your current lifestyle on social security (Centrelink) benefits?
  • Will your accumulated sick leave cover you for a long-term illness? Remember, if you are self-employed, you don't have any sick leave.
  • Could you maintain your superannuation contributions if you didn't have an income?

For more information, please read our Income protection guide.

To find out more about your insurance options make an appointment with a Bridges financial planner.