CoverAustralia Announces Income Protection Insurance

CoverAustralia recently announced their plans to offer Income Protection Insurance (commonly referred to as Salary Continuance Insurance) to the list of insurance cover options that they will be making available for their customers. This new cover option gives Australians across the nation more options when it comes to cheap life insurance and income protection.

Income protection insurance offers the policy holder the ability to receive up to 75% of their current income if they become unable to work due to an injury or illness. This type of protection can vary greatly from insurance provider to insurance provider.

CoverAustralia the online life insurance brokerage firm works with only carefully screened insurance companies. They do this so that they can help their customers remove the guess work out of buying life insurance. When they buy life insurance through the CoverAustralia network they can rest easy knowing that they have the cover life insurance and now the income protection that they have come to appreciate and value from the CoverAustralia insurance providers.

Life insurance doesn’t have to be a stressful purchasing time. The CoverAustralia insurance advisors have over 70 years of combined life insurance experience. They are experienced in life insurance, trauma insurance, and offer free life insurance quotes for their customers and potential customers.

Income protection insurance does come with a waiting period that is pretty standard with all the different insurance companies but not all companies are created equal. Some companies will make an injured person wait up to 2 years before they can claim benefits under their policies. Other companies can have the injured party ready to receive their benefits in as little as 14 days.

With the announcement of income protection insurance becoming available this means that there are now more cover options available in the CoverAustralia network. Before a cover is made available on the site the insurance provider must agree in writing to a set of promise statement. The insurance companies currently enrolled have all issued written promise statements which can be found directly on the company website.

For those that are interested in learning more about CoverAustralia the online life insurance brokerage firm they are invited to visit the company website at http://www.coveraustralia.com.au or they can reach an advisor by dialing 1300-366-817

They can also be reached via email and via the live chat feature on the main website.