Insuranceline Income Protection Insurance
Compare Insuranceline income protection
Considering Insuranceline income protection insurance? The table below displays a snapshot of Insuranceline income protection policies on Canstar’s database, sorted by star rating. These results are based on a 30-39-year-old non-smoking male in a medium blue-collar occupation, such as trades.
Click here to compare more policies based on your circumstances.
Compare Income Protection Insurance
What income protection does Insuranceline offer ?
At the time of writing Insuranceline offers 2 income protection insurance policies which provide cover for a variety of conditions that may prevent you from working. The first is their Ratesaver policy which covers up to a $10,000 benefit per month. If you’re unable to be covered under the Ratesaver policy due to health, lifestyle or occupation, you’ll be able to take out the Timesaver policy which covers up to a $7,500 benefit per month.
What features does Insuranceline income protection offer?
The Ratesaver and Timesaver policies offer the following features:
- The choice of a payout period of either 6, 12, or 24 months, or 5 years for a Rate Saver policy, or 6, 12, or 24 months for a Time Saver policy
- 30 day money-back guarantee
- Phone-based support and an easy-to-apply online process
- Other features, such as a month for free if you choose to pay your premiums annually
- Option to add involuntary unemployment cover (up to $3,000), permanent disability cover, holiday injury benefit, kids’ injury cover and homemaker cover.
Compare Income Protection Insurance
What does Insuranceline income protection cost?
The cost of your income protection insurance will vary depending on several different factors such as:
- Your age and gender
- Occupation
- Whether you’re a smoker or a non-smoker
- Benefit period and waiting period
You can customise your policy to suit your specific needs. Get a quote for Insuranceline income on its website before applying to see what you might need to pay.
In 2018, Canstar’s research team calculated the average monthly income protection premiums for non-smoking male and female workers aged 27 and 52. Click here to see how the premiums differed.