Income Protection
OASIS INSURANCe - life insurance specialists
What is Income Protection Insurance?
DID YOU KNOW?
Income Protection Insurance can pay you up to 75% of your pre-tax income while you take time off to recover
Protection you can trust
Value
for money
Expert
guidance
Advance
Payment Option
Flexibility
and Control
What do I need to know?
Income Protection Insurance is provided according to a variety of preferences you select from a range of options. Our Advisers can help you choose the best policy to suit your needs.
Waiting Periods
Can vary from 2 weeks to 2 years. Whilst the shorter period may appear more attractive, it is often considerably more expensive. If you can afford to wait and rely on sick/annual leave or savings to see you through, a longer wait period means a cheaper premium that may be more suited to your budget.
Benefit Periods
Choosing how long you need the monthly payments to last can be difficult. The longer they last, the more expensive the policy. It’s hard to know how long recovery might take, so it may help to think about what amount you need to meet a suitable percentage of your monthly commitments to see you through.
An Oasis Insurance Adviser can help you in one of two ways:
1. Get Advice on which policy to choose.
An Oasis Insurance Adviser will assess your current financial situation, compare options from a variety of insurers and determine the type of cover you need.
2. Choose your own policy.
An Oasis Insurance adviser can provide you with quotes from a variety of insurers and highlight important information from the relevant Product Disclosure Statement(s) to help you choose the kind of cover you need and decide which one is right for you.
The OASIS Insurance Process
Step 1:
ABOUT YOU
- We gather some basic information from you to enable us to provide you with the right insurance options.
Step 2:
COMPARE & CHOOSE
- We provide you with a variety of options and highlight the information you need to choose the policy and premium that is right for you.
Step 3:
COVER & SUPPORT
- We finalise your insurance cover and confirm you now have protection for you and your loved ones. We provide ongoing support to you should your circumstances or needs change.
