Understanding income protection insurance

What would you do if you are unable to work?
May 31, 2018
2UE Money Clinic Podcast 11 Nov 2014
May 31, 2018

Understanding income protection insurance

We all insure our cars, but not our incomes. An average car costs $20,000 – which is only 13 weeks of income of the average Australian.

It’s amazing that we all take out insurance for our cars, in comparison to our income a relatively small asset.  Nick Graham discusses the importance of income protection insurance; the fact it is tax deductable and that your income is quite possibly your single most valuable asset.

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