Find out more
Safeguard your earnings- Safeguard your life
A plethora of reasons other than losing your job could diminish your income earning abilities.
Ailment or damage can impact any of us, paying little respect to age, wage or occupation. Your bills don’t stop just because you can’t work and acquire a salary.
Wage security protection is intended to supplant your lost pay if you can’t work because of disorder or damage. If you depend on your pay, as the vast majority of us do, it’s critical thought.
In all likelihood, you depend on your pay to pay the home loan or lease, staple goods, auto instalment, expenses of bringing up youngsters and whatever else you require to live.
With a pay assurance approach, you can keep on receiving a specific level of your customer pay for a portion of the concurred time. For example, you could receive half of your regular income for let’s say three years. Distinctive arrangement choices are accessible, and we can enable you to choose the best alternatives for your circumstance. While considering a pay security protection strategy contemplates these particulars:
Waiting Period
When selecting your strategy alternatives, you should choose a holding up period. This is the timeframe that goes preceding the payment of your claim. By and large, it’s in the vicinity of 30 and 90 days.
Existing Leave Entitlements
You may think as of now have leave privileges, for example, yearly leave, debilitated leave and long administration leave that you can use before getting to your wage security protection. On the off chance that you have gathered adequate absentees you may wish to expand your holding up period as your leave can cover the hole.
Tax Deductible
Your income protection insurance premium can be tax deductible according to the Australian Taxation Office (ATO).
Superannuation
Pay assurance protection can be incorporated inside or outside your superannuation. Numerous retail superannuation stores offer essential level wage security that will not give enough scope or suit your requirements. At Sunset Financial Group we can provide you with customized pay assurance protection, and as a rule, the premium can be taken straightforwardly from your superannuation support, arranging for your after-assess pay. Our pros can talk about the best alternatives for you, get in touch with us today.
Don’t risk leaving your financial future to chance.
Sunset Financial Group can help you tailor a specific insurance plan that will protect you, your family and their future.
