|
|
|
Income Protection InsuranceIncome protection insurance is vital for any tradesperson, but especially if you're self-employed.The insurance will help you if you are unable to work due to injury or illness.
What is income protection insurance?Income protection insurance replaces a percentage of your income when you cannot work.There are a number of factors to take into account when selecting your cover, each of which will have an impact on the premiums payable for your income protection: Waiting Period This is the amount of time you must be away from work for before you are able to claim on your income protection insurance. The shorter the waiting period, the more expensive the premium will be. The most commonly chosen waiting period for tradesmen is 30 days. Benefit Period This is the period of time you will continue to receive benefits for once you are off work. Most tradesman income protection policies have waiting period options of 2 years, 5 years, or all the way through to age 65. Some occupations and trades will be limited to a shorter benefit period. The longer the benefit period, the higher the premium will be. Sum Insured The sum insured is the amount you are covered for each month. Typically this amount is up to 75% of your gross income, before tax but after your business expenses. The higher the benefit amount, the more expensive the premium will be.
Tradesman income protection insurance is available throughout New Zealand, and at Tradesman Insurance we have a network of insurance brokers and financial advisers throughout the country. 
|
What our clients are saying...
I was able to get everything sorted out over the phone with almost no paperwork, which meant less time away from the site.
Just a quick thanks for getting Tom's cover through so quickly and without the need for blood tests.
I'm really happy with the service thanks, and I will definitely let the other guys on site know about you.
When I called you on Friday night I was expecting an answering machine, but instead we had my cover in place by Monday morning so I could get on site. Sensational!
Finally a broker who knows what the requirements are for a Qld electrical contractors licence.
Thanks for looking after me Shane, I received the paperwork and everything was perfect. You've made the process very easy thank you.
|
|
TRADESMAN INSURANCE
Public Liability Insurance |
OCCUPATIONS
Boilermaker's Insurance |
IMPORTANT
This website contains general information only and does not take into account your personal needs and objectives. You should not act upon any information without first seeking advice from a qualified professional. The information contained within this website is for your information only, and by completing an online enquiry your details will be referred to a suitably qualified and licensed professional. |
 This website is owned and operated by Equita Financial Services Pty Ltd (Equita). Equita does not hold an AFSL and is not authorised to deal in financial products. |
