FAAA Income Protection Insurance

Exclusive income protection insurance for FAAA members

None of us ever expect to become sick or injured, but it is a fact of life that these events happen. When they do occur, the last thing you want to be worried about is money, which is why IFS Insurance Solutions in conjunction with the FAAA, has developed an Accident & Illness (Income Protection) insurance policy specifically designed to meet the needs of FAAA members.

 

Do I need it?

Imagine if you were diagnosed with a serious illness or had an accident and you were unable to work for 6 months, 12 months, or even a couple of years. Would you be able to maintain your current lifestyle, meet financial commitments such as a mortgage or rent, or even pay for food and your bills?

Even if you are fortunate enough
to have the financial means to support yourself during an extended absence from work, do you really want to erode your hard earned savings or have to refinance your home?

 

What are the benefits?

The FAAA Accident & Illness Protection policy can provide you with the following benefits:

  • 24 hour a day, 365 days a year worldwide cover

  • The ability to insure up to 100% of your gross weekly income, including allowances, to a maximum of $2,000 gross per week

  • Choice of excess period (14, 21, 28, 60 or 90 days)

  • Benefits payable for up to 104 weeks for any one payable condition

  • $100,000 capital benefit (as a result of an injury only)

  • Covers conditions commonly excluded by other policies such as stress, anxiety, SARS and HIV/AIDS (provided conditions are not pre-existing at inception of cover)

  • No medical examination required

  • Premiums are normally tax deductible

  • Convenient payment options

 

For more information

If you require any further information or have any queries about the FAAA Accident & Illness Protection, policy please contact us on 1300 768 118 or visit the FAAA Accident & Illness Protection insurance website.

 

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