Income Protection
Income Protection Insurance replaces up to 75% of your income if you are unable to work due to sickness or injury. With Income Protection, you can be reassured that even if you can’t work, your family’s plans may still be attainable (whether it’s your child’s education or your next holiday).
Key features
- Choice of Agreed Value or Indemnity Policy
- Guaranteed Renewable
- Total Disability Benefit
- Partial Disability Benefit
- Elective Surgery Benefit (not available in SuperWrap)
- Rehabilitation Expense Benefit (not available in SuperWrap)
- Recurrent Disability protection
- Protection against inflation
- Waiver of Premium whilst on claim
- Worldwide cover.
Full details of these features are available in the Product Disclosure Statement.
Income Protection Plus
With Income Protection Plus, you have access to all the benefits of Income Protection with the following additional features:
- Change of Waiting Period Benefit
- Nursing Care Benefit
- Specified Injury Benefit
- Crisis Benefit
- Transport from Overseas Benefit
- Accommodation Benefit
- Family Care Benefit
- Home Care Benefit
- Death Benefit
- Future Insurability Option
- Optional Accident Benefit.
Please note Income Protection Plus is not available in SuperWrap.
Full details of these features are available in the Product Disclosure Statement.
BT Portfolio Services Limited ABN 73 095 055 208, AFSL No. 233715 (BTPS) arranges the issue of the BT Life Protection Plans (Wrap and Wrap Essentials) by Westpac Life Insurance Services Limited ABN 31 003 149 157, AFSL No. 233728 (Westpac Life).
BTPS adminisites BT Life Protection Plans (SuperWrap and SuperWrap Essentials). Trust Company Superannuation Services Limited ABN 49 006 421 638 is the trustee and issuer of SuperWrap and Westpac Life is the insurer.
Westpac Banking Corporation ABN 33 007 457 141 is a distributor and is not responsible or liable for payments under BT Life Protection Plans.
Did you know?
Term Life insurance pays a lump sum benefit if you die or are diagnosed with a terminal illness.
Insurance can be surprisingly affordable and straight-forward.
