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Unemployment Income Protection
Every year thousands upon thousands of people in Australia fall seriously ill or suffer a serious accident in the workplace, on the road or at home.
The majority of these people are left without the stability of a regular income and the vast majority have no unemployment income protection (or otherwise called just income protection). As well as having to deal with the trauma that goes along with suffering from the illness or the injury, many are crippled financially as they have limited resources to pay the bills which no matter what the situation keep on coming.
The advantage of unemployment income protection speaks volumes for itself - you have the peace of mind that if you were to fall ill, suffer an accident and be made unemployed, your income will be protected. Government assistance is limited and this can leave you with a very big problem should the unexpected happen, so it is extremely important that you are covered in the event that you are unable to work.
If you wish to find out more about unemployment income protection and what is available to your specific needs, compare insurance products here online at RateDetective.com.au and fill out the form to have one of our unemployment income protection specialists contact you.
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Anonymous
Hi,
I am interested in finding out what options are there for unemployment income protection for people that are made redundant due, not because of disability or death. Please advice. Thank you.
Herve
Hi,
I am interested in finding out what options are there for unemployment income protection for people that are made redundant , not because of disability or death. Please advice. Thank you.
phillip Richer
I am interested in finding out what options are there for unemployment income protection for people that are made redundant due, not because of disability or death and also a separate policy that inlcudes the above plus disability or death Thank you.
Dean Johnston
I am interested in the answers to the above questions - from Philip Richer, Herve etc...
Why have them posted and not display the answer ?
- am I missing something here
Rate Detective
Unfortunately with the current economic climate there are no insurance companies out that that provide protection for redundancy. Income protection insurance aims to protect (generally up to 75%) of the life insured’s income in the event that they are unable to work due to accident or illness only.
Anonymous
Please remove this blog if you can not offer anything. this is a waste of my time.
Rate Detective
Income protection insurance aims to protect (generally up to 75%) of the life insured’s income in the event that they are unable to work due to accident or illness. Some people call it unemployment income protection, hence the blog post...
Luper
If you cannot cover for unemployment due to Redundancy then your product is as bad as useless. All you want is free money from people who are working hard. Sorry guys, you've lost me.
Rate Detective
Luper, we are insurance brokers and we compare personal insurance from all major insurance companies in Australia. We don't have our own products. So if insurance companies do not provide a product you want, we can't help either. Sorry...