The state of income protection insurance in Australia

clock • 4 min read

Income protection insurance has become increasingly common in Australia over the last few years writes Richard Laycock.

With many Australian workers working in some of the most statistically dangerous industries (construction, mining and agriculture), it's unsurprising that the workers' desire to protect themselves has increased. In some ways, Australia is paving the way for income protection overseas, while in other ways there is still room for improvement. What is it and what does it cover? Income protection insurance typically goes hand in hand with life insurance. Because of this, many insurance brands offer it alongside various other products. It can sit under three different umbrellas: ●   ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Simplybiz to distribute Shepherds Friendly IP

Simplybiz to distribute Shepherds Friendly IP

Aiming to grow its intermediary footprint

Cameron Roberts
clock 09 June 2025 • 1 min read
Krysalis joins IPTF

Krysalis joins IPTF

11th new member in 2025

Cameron Roberts
clock 02 June 2025 • 1 min read
IPTF adds Empath_AI to membership

IPTF adds Empath_AI to membership

Detection of mental health vulnerabilities

Jaskeet Briah
clock 12 May 2025 • 2 min read