Income Protection Insurance Made Possible by Insure4u

Sydney, New South Wale Australia (PressExposure) January 06, 2012 -- In this uncertain financial climate, where each year of the more than 700,000 Australians receiving disability support pensions are forced to survive on less than $15,000 per year, it has become more apparent to obtain adequate insurance coverage.

With both global and the every nation's financial markets still struggling in these times of global economic uncertainties, it has become more obvious than ever as to how vulnerable our incomes can be. Whether you think you are in a position that may place you at risk of redundancy through a downturn or are simply concerned with regards to what might happen to you and your family should you get sick or be involved in an accident, it is clear that the support provided by the government is limited at best.

With this situation looming over you, it is important to maintain yours and your family's standard of living over prolonged periods of incapacity. Therefore, it is vital to get income protection insurance.

So how would you learn about income protection?

Income Protection Information Thru Insure4U

Insure4u an Australian-based insurance advice and information blog site that provides you with the best and most up to date information on choosing the right insurance plan can provide you with guidance and all necessary information about Income Protection Plans.

Insure4u has the best relevant information, guides, and tips that you could explore freely at your convenience. Relevant and insightful information about what income protection offers to protect you against accidents, sickness, or unemployment, as well as information on its costs, benefits, and the process of finding the right income protection insurance for you and your loved ones are all at your disposal.

Explore Income Insurance Thru Insure4u

Income Insurance is a form of insurance that provides a monthly benefit that replaces up to 75 per cent of your regular pre-disability income in cases when you are unable to work due to illness, accidents, or injuries. It can also provide superannuation contributions of up to 15 per cent (if the super continuance option is selected), if you cannot work due to illness or injury.

Income protection covers you for accidents, illnesses, or major traumas and pays you up until you return to work (after your waiting period). Or in situations where you can't return, then it will pay up until your retirement age being age 65 depending on your occupation.

Taking out income protection insurance (IPI) is very advantageous to you and your family not just because it will provide critical illness cover that will last until you return work or until your age of retirement, but also because its benefits are usually higher than ASU (Accident, Sickness and Unemployment) protection. Most significantly benefits are paid regularly usually weekly or monthly  and are free of tax.

Moreover, income insurance is beneficial as the insurance company cannot cancel or refuse to renew the policy provided that the policyholder continues to pay the premiums.

About Insure4u

Insure4U has all your insurance information from evaluating Life Insurance Quotes [] to choosing Income insurance []. Let us guide you through the process of finding the right insurance for you and your loved ones.

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Press Release Submitted On: January 05, 2012 at 8:29 pm
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