Personal Accident & Sickness Insurance

Accident and/or sickness policies are offered by general insurance companies and are renewable each year, and pays the monthly sum insured generally up to 75% of your total income earned. The benefit period is generally to a maximum of 52 or 104 weeks.

However, unlike life income protection cover, a general insurance accident and/or sickness policy can be cancelled by the insurer at the annual renewal date. That is if your health deteriorates over a period of time, a claim is lodged, or for any other reason at the insurers discretion. You can also cancel the policy by not paying the premium.

The aim of personal accident and/or sickness insurance is to provide short term protection only for your family.

Premiums paid for sickness and/or accident insurance are generally tax deductible!

Speak to a qualified broker today on (03) 9791 6688.​