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Being off work for an extended period can have devastating effects on any household or business, as often income is relied upon to pay off loans, holidays, children's education as well as the general household bills.
It makes sense to insure your income with MLC Income Protection insurance. MLC Income Protection pays you a regular income if you are off work due to disability. You can receive up to 75% of your usual earnings every month until you recover and can return to work, or up to age 65, depending on the benefit period you choose.
We offer a choice of MLC Income Protection insurances under both MLC Personal Protection Portfolio and MLC Life Cover Super, which can be tailored to suit your individual needs and budget so you can be covered over the period of your working life.
As an added bonus, your premiums may be tax deductible, depending on your individual circumstances. MLC recommends that you seek advice from your Financial Adviser.
Want to know more?
Contact your Financial Adviser or click here to contact us.
Disclaimer
The information provided here is for general use only and has been prepared without taking into account any particular person's objectives, financial situation or needs. You should, before acting on this information, consider the appropriateness of this information having regard to your personal objectives, financial situation or needs. You should obtain financial advice specific to your situation before making any financial investment or insurance decision.
MLC Limited (ABN 90 000 000 402 AFSL 230694) is the issuer of MLC Personal Protection Portfolio.
MLC Nominees Pty Limited (ABN 93 002 814 959 AFSL 230702 RSE L0002998 Trustee of The Universal Super Scheme R1056778) is the issuer of MLC Life Cover Super. MLC Limited and MLC Nominees Pty Limited, both of 105-153 Miller Street, North Sydney NSW 2060, are members of the National Australia Group of companies.
The combined Product Disclosure Statement (‘PDS’) for MLC Personal Protection Portfolio and MLC Life Cover Super provides information about these products. You should consider this disclosure document before making any decision about whether to acquire a policy. A copy of the PDS is available upon request by contacting the MLC Service Centre on 132 652 or you can download it from our website at mlc.com.au.
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