How Much does Income Protection Cost?

The income protection plan is based on the below factors.

• 1. Current Age
• 2. Smoker Status
• 3. Occupational Class (Riskier occupations pay more)
• 4. Annual Benefit amount required
• 5. Until what retirement age, do you want the plan to last(For example, 55 years, 60 years, 65 years of age)
• 6. Is Indexation required or not
• 7. Health status
• 8. Benefit claim escalating or not

Please discuss your requirements with our expert financial planners and we can help you select an affordable plan.

Read more:

1. 1. Is Income Protection Benefit Paid, Subject to Taxes?
2. 2. How Helpful is Income Protection?
3. 3. How Does Income Protection Relate to My Profession?