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What is income protection insurance – and how's it different to total and permanent disability insurance?

  • Written by Tania Driver, Lecturer in Financial Planning, James Cook University
What is income protection insurance – and how's it different to total and permanent disability insurance?Shutterstock

Many of us have car insurance, home insurance and health insurance. But what about income protection insurance?

Having income protection insurance means that if you get sick or injured and can’t work, you’ll still get paid. The insurance company will cover a portion of your earnings, so you can still pay everyday living...

Read more: What is income protection insurance – and how's it different to total and permanent disability...

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