Income protection insurance has become increasingly common in Australia over the last few years writes Richard Laycock.
With many Australian workers working in some of the most statistically dangerous industries (construction, mining and agriculture), it's unsurprising that the workers' desire to protect themselves has increased. In some ways, Australia is paving the way for income protection overseas, while in other ways there is still room for improvement. What is it and what does it cover? Income protection insurance typically goes hand in hand with life insurance. Because of this, many insurance brands offer it alongside various other products. It can sit under three different umbrellas: ● ...
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