If you're employed by the Queensland Government you may be eligible for automatic income protection insurance. If you don't work for the Queensland Government, and you're eligible, you can choose to apply for income protection cover.
If you suffer an injury or illness that prevents you from working temporarily, the last thing you want is to have to worry about money. Income protection insurance can be a huge help, paying up to 75% of your salary while you are off work for up to two years. Premiums are deducted from your Accumulation account, or if you are a Defined Benefit account member your cover forms part of your package of benefits.
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For general insurance advice please contact us.
For personal advice contact QInvest1.