Income Protection insurance

Assists you in continuing to meet your everyday living expenses if you are unable to work due to sickness or injury.

Why BT Income Protection Assured insurance

BT’s Income Protection Assured insurance replaces up to 70% of your monthly income so you can continue to meet your day-to-day living expenses until you get back on your feet.

  • Market leading flexible policy terms to support your recovery

  • Rehabilitation and retraining benefits and a range of health support services to help get you back on your feet

  • Monthly benefit is automatically increased annually in line with any Consumer Price Index (CPI) changes, unless you request otherwise

  • 5% multi-policy discount applies if you‘re covered by more than one eligible BT Protection Plan policy

Features and benefits

Take a look at why BT Income Protection Assured insurance can form a part of your financial plan.

Peace of mind

BT Income Protection Assured insurance helps you to cover your expenses if you are unable to work due to a sickness or injury, giving you the time to focus on your health and recovery. You can use the money to pay rent or mortgage payments, living and medical expenses, education costs or other expenses.

Choose your cover

BT Income Protection Assured insurance allows you to choose when your cover starts, how long you are covered for and how much of your salary is protected. 

Guaranteed continued cover

All BT Protection Plans are guaranteed to continue for the term specified. This means that as long as you continue to pay your premiums, your cover will continue, even if your circumstances change.

Product upgrades

All new product upgrades, that don’t result in an increase in premiums, are automatically applied to your existing policy so you continue to hold the most up-to-date BT Protection Plans product available.

Your payment, your choice

You choose what you use your monthly benefit for, such as to pay your rent, mortgage or medical expenses. 

Claiming made easier and faster

A dedicated BT Claims Consultant, to help you every step of the way, making your claims experience as easy and straightforward as possible. For selected Income Protection claims, we may be able to assess your claim on the spot, over the phone.

Contact a BT Wealth Consultant to discuss Income Protection insurance

A target market determination has been made for Protection Plans products. Please visit for any of our target market determinations.

The Insurer and Issuer is Westpac Life Insurance Services Limited ABN 31 003 149 157 AFSL 233728, except for Term Life as Superannuation, Income Protection as Superannuation and Income Protection Assured as Superannuation, issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 as Trustee of Retirement Wrap ABN 39 827 542 991. They are subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714, who does not guarantee the insurance. This information does not take into account your personal circumstances. Terms and conditions, and limitations and exclusions apply. Please read the Product Disclosure Statement to see if this insurance is right for you.

© Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714