Hi folks,
Just wondering if anyone out there has/thinking of getting income protection insurance?
I have always just gone down the personal accident (no sickness benefit) track but considering income protection.
What's your opinion?
Hi folks,
Just wondering if anyone out there has/thinking of getting income protection insurance?
I have always just gone down the personal accident (no sickness benefit) track but considering income protection.
What's your opinion?
l have income protection that l pay privately theres a 4 week waiting period if something
goes wrong and many exclusions
Off work for 2 months,what do you guys have for lawn round protection
Work Cover it works out cheap and some Customers require it.
Cheers
Bluey
Adelaide Home & Garden Solutions
http://www.ahgs.com.au
"Success occurs when no one is looking, failure occurs when everyone is watching."
I have income protection insurance. 2 week waiting period. Covers 80% weekly average income and pays to age 65 if I cant return to work from injury.
Ended up going with personal accident (not illness) rather than the income protection. Only pays $750/week for up to 2 years with a 14 day waiting period($720 premium) but the income protection was $2000-$4000 which for mine is too excessive. Pity that Dean no longer does the personal accident cover....
Hi
What brands of Personal Accident Insurance do people use?
Is one brand better for us lawnies?
Hi jd what brand of insurance do you have?
Cheers
hjl
Hi hjl,
The insurance i use is through, dare i say it, jims insurance in Melbourne. Not that i could say i recommend them particularly. I think a lot of companies i was contacting were trying to push the income protection insurance. I found the cost prohibitive. But that's just my personal view. Interested to hear all views. Has anyone had hassles trying to claim either insurance. I mean at the end of the day they're all insurance companies so there's a fair chance you may get screwed either way.(i did spend a number of years in insurance).
Anything Ian says may or may not be garbage, it may also be his own opinion or it may not be his opinion at all, it may just be something he felt like stating anyone following his advice does so at their own risk and may be doing something Ian would actually advise against.
And if you don't like what Ian has to say use the ignore function if you don't know how ask i will gladly tell you
bingo!!!!!!!!!!!!!
http://curraronggardening.com/
"All sin is washed away in the Holy goodness of Beer"
Book of Redeye, Psalm 69
touche Ian!!!!!!!!!!!
I have been a Jims franchisee for over 11 years, and have paid income protection insurance for that period, through the Jims broker. I have recently had a preliminary claim for time off due to double knee replacement surgery rejected . I say preliminary as I wanted confirmation of what I excess etc. for planning purposes before I committed to the surgery. My bewilderment at the rejection, maybe naivety on my part was due to this being a pre existing condition so not covered. I have, as a result, asked for some specific cover confirmation on particular illnesses before I commit and continue the policy, which is renewed every 12 months. Getting them to commit is almost impossible, so betwixt and between as to what to do. Be interested in any comments.
This probably doesn't help much but many of those policies I find expensive and if possible just saving cash in a rainy day fund account can work out better
especially the ones that only pay out $xxx for a limited time frame