Permanent employees benefit from at least 3 months pay in the event of illness, and lump sum payments in the event of death or being diagnosed with a critical illness like cancer.
Reasons you should consider income protection:
- After leaving permanent employment all your benefits cease to exist.
- You are exposed financially in the event you can no longer work.
- To protect yourself and family in the event of your death or critical illness.
Fortunately, you can protect yourself for a very small fraction of your current income.
Read more about contractor income protection products.