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Income Protection

Who will look after your finances if you can't work due to sickness or injury?

Health insurance may cover a proportion of your medical bill, but it won't cover your rent or mortgage and living costs. With MLC Income Protection insurance you get up to 75% of your regular income if you can't work due to disability.

This means you can concentrate on recovering and getting back to work, rather than watching your investments and savings slowly diminish.

In addition your premiums may be tax deductible, depending on your individual circumstances.

What is covered by MLC Income Protection insurance?

Cover for Income
Protection
Plus		 Income
Protection
Plus -
(Farmer Package)*#		 Income
Protection
Standard
Loss of income due to Total Disability Own occupation definition Own occupation definition Two years own occupation definition then any occupation definition
Loss of income due to Partial Disability or Rehabilitation Maximum up to end of benefit period Maximum up to end of benefit period Maximum equal to six months' benefits
Rehabilitation expense benefit* Yes Yes Yes
Rehabilitation bonus* Yes Yes No
Disability due to mental disorders or drug abuse/dependency Yes Yes Only while under supervision

* Not available for Life Cover Super.
# Not available for class C.

To find out more about MLC Income Protection insurance, get in touch with a financial adviser or call MLC on 132 652.

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