Income Protection

Welcome back to another episode of the Money Matters Podcast! Today’s podcast is all about making sure that we are protecting the greatest asset that you will likely ever have; your ability to generate income. That is where Income Protection comes in, designed to eliminate or offset the risks that come with losing your source of income or your job due to injury or illness.

While it is and sounds important; a lot of the people we have worked with have thought about it but haven’t taken action to put this into place. We will run though the finer details of income protection policies and what you should look out for when assessing what policy is right for you.

Tune in as we take a deep dive into Income Protection policies.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights:

• The importance of Income Protection and protecting your greatest asset

• Some new changes to Income Protection policies

• Benefit periods and waiting periods

• Optional benefits on Income protection

• Deciding on the right cover for you

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