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What is income protection insurance?
Your ability to earn an income is likely to be one of your most valuable assets in life. How long would you be able to sustain your lifestyle and meet your financial commitments without it?
Income protection insurance pays a monthly benefit of up to 70% of your regular income if you’re unable to work due to injury or sickness.
Having a regular income while you are unable to work, can help you:
• cover your daily living expenses, and
• help with medical expenses and rehabilitation costs.
You may also be provided additional support services to help you return to work or find a new job, as part of your cover.
Our products
Elevate Insurance - Income Insurance
Elevate income insurance is available for all existing Resolution Life customers.
To see whether you can apply for a new income insurance plan please contact your financial adviser or contact us.
In addition to paying a monthly benefit if you are unable to work because of injury or sickness, Elevate income insurance plans offer several built-in benefits such as:
To find out more about Elevate Income insurance, including optional extras and suggestions on how you can potentially reduce the cost of your cover, refer to the Income Insurance product summaries. For full details about Elevate Insurance, refer to the Product disclosure statement and plan document.
For information on our other life insurance products, please refer to your policy document or speak to your financial adviser about the specific features your policy offers.
Log in to the My Resolution Life portal to request a copy of your policy documents.
Register now for My Resolution Life now if you haven't used it before.
Documents and downloads
Income Insurance product summaries (select from drop-down)
Elevate Insurance offers a range of income insurance plans, including cover through super or owned by your Self Managed Super Fund (SMSF).
What you need to know
Any advice on this website is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), and is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the relevant product disclosure statement and/or policy document, available from Resolution Life at resolutionlife.com.au or by calling 133 731, before making a decision on whether to acquire, or continue to hold, the product.
The Target Market Determinations (TMDs) for our financial products (where applicable) can be found at Target Market Determinations (TMDs). The TMDs describe the key features and attributes of an applicable product that affect whether it is likely to be consistent with the objectives, financial situation and needs of consumers in the target market.
Resolution Life is part of the Resolution Life Group and can be contacted via contact us or by calling the phone number mentioned above.
