SecureLiving Plan - Income Protection
Have you ever thought about what might happen if the main income earner in your family couldn’t work for a while? Would you be happy to rely on your savings or other solutions and would they allow you to maintain your lifestyle?
SecureLiving Plan is income protection insurance that covers you if you were to suffer an unexpected illness or injury that prevented you from earning an income.
Bills, the mortgage and other day-to-day expenses would still need to be paid – and that’s why income protection is so important. Not only does it ensure that if your family income is affected by an illness or injury you have financial support to pay your bills and daily expenses, it also means you can focus on the important things, like getting better.
Key features of SecureLiving Plan
| Feature | SecureLiving Plan |
| Sickness and injury benefit if in employment | Up to $7,000 per month (and up to 75% of your gross income) depending on your occupation |
| Homemaker benefit | Up to $2,000 per month |
| Benefit period | Choice of 6 or 12 months |
| Premiums | Starting from $7 per week |
| Premiums tax deductible? | Yes, premiums are generally tax deductible* Excludes Homemaker benefit |
| Waiting period | Choice of 30 or 90 days |
| Health questions or medicals? | None required - however, please be aware of the pre-exisiting conditions exclusion detailed below |
| Payment frequency | Choice of fortnightly or monthly |
Please be aware that any pre-existing medical conditions that you were aware of (or should have been aware of) or that you had a medical consultation for in the two years before taking out the policy, will not be covered. For details on other exclusions, please see the Product Disclosure Statement.
Get a quote now or call us for immediate cover or for more details on ING's SecureLiving Plan.
Ways to save
- Healthy Living Bonus of $100 cashback - available to new policy holders after one year of no claims
- Take out joint cover for both you and your partner and you'll receive a 10% discount on your total premium
- Premium payments for this insurance may be tax deductible*
Eligibility for ING's SecureLiving Plan
| Are you aged 18-60? | YES |
| Are you a permanent resident or citizen of Australia or New Zealand - and permanently residing in Australia | YES |
| Are you working more than 10 hours per week? | YES |
| Have you been in full time employment for the last 12 months | YES |
| If not in full time employment, are you the main provider of domestic duties within the family home (more than 90%)? | YES |
Income Protection Insurance
Insurance that provides you with a monthly benefit to cover the cost of living if you are unable to work or complete home duties due to illness or injury.