If you are an Australian resident and would like to quickly compare several insurance quotes from the major companies in Australia, Smart Income Protection offer an obligation free service whereby you will receive several insurance quotes for income protection insurance. SmartIncomeProtection have been established to save people time and money when it comes to acquiring insurance quotes fast.
The benefits when using a comparison site
When you use an online comparison website, you will no longer need to visit every website that offer this type of insurance. This could be time consuming, and even if you had to pick the top 10 list from here https://www.google.com.au/search?pws=0&gl=au&q=income+protection+insurance, it’s going to take you longer to contact all the companies.
Save on your insurance premium
After submitting your information online, you will be looked after by a consultant. After you have discussed any concerns and cleared any questions regarding your situation, you will receive up to twelve different insurance quotes, where you can compare and choose the best and cheaper option for your protection. You could be saving up to 40% of your premium.
Free advice from a qualified consultant
How many other website do you know of, that will call you and provide you with professional financial advice before you purchase and insurance policy? Within 24hrs of your submission, a qualified adviser will be in touch with you and you can ask any questions that you might have about your insurance policy. You will get professional advice from a qualified person for free.
When you should consider income protection cover
If you are over 18 and you have a fulltime or part-time job, then you should also consider income protection for you own benefit. Salary insurance will protect you in the event that you will not be able to go to work due to illness or a very serious injury. Nobody knows what can happen in the future. Whether you are single or married and have a family, then you have to think about these things. In case you become ill or you suffer from a serious injury, you will not be able to carry out your normal job. That means that you will not be earning and salary. This type of insurance will pay upto 70% of you salary.
Different Policy Types
There are two main different policy types for income protection. These are agreed value and indemnity value. With the agreed value type, you will need to prove your salary at the time of the purchase of the insurance. Your payments will be set on the basis of your monthly pay when you start your policy.
If on the other hand you decide to choose to the insurance policy with an indemnified value, your benefits will be based on you salary when you lodge your first claim. This might be a bit of an inconvenience at the time of the claim lodgement but the benefit of this insurance policy is that the insurance premiums tend to be slightly lower in price. also you should visit Smartincomeprotection.com.au.