Income Protection Quote
Income protection insurance will insure you in the event that you are unable to continue earning an income. It is not paid as lump sum, but in monthly instalments, just like a salary is. An income protection quote can easily be found online in fact it doesnt take much to find one hundred income protection quotes on the Internet so you can easily choose which one will suit you best.
But just in case you might suffer from information overload, you can easily do your own research and find several income protection quotes. The idea of getting an income protection quote at all is so that you can see what is on offer and what benefits you get for your money.
As a rule of thumb you can usually get up to 75% of your salary when you have income protection insurance. This includes superannuation payments and some fringe benefits.
Those who are self employed can also get income protection quotes. They will be paid a percentage of the business income the part deemed to have come from your own blood, sweat and tears, less your share of costs.
To get an income protection quote when you are self-employed you will probably have to supply the paperwork that proves your income over the last 12 months before the accident. It is important to apply for this insurance as soon as you are unable to work, because the income from the business may become a great deal less without you working in it, and so you will be paid less.
