Income Protection - Do you need it?
So, what is your most valuable asset? Is it your home? Your car? Your superannuation? It is none of these..... Your number one asset is your ability to earn an income. This 'asset' allows you to pay the rent or mortgage, pay the bills, educate the kids, eat and generally live. Without an income you cannot do any of these things. So, how do you protect this asset? - with Income Protection insurance. Income Protection insurance typically pays out up to 75% of your pre-disabilit