Income protection insurance

What is income protection insurance?

Income protection insurance protects you against the risk of not being able to earn an income for a period of time. If you are ill or injured and cannot work, income protection insurance will pay up to 75% of your normal salary while you recover.

When will I use income protection insurance?

You can make a claim for income protection insurance if you have an illness or injury that prevents you from earning your normal income. You can claim it for both temporary and permanent absences from work.

How much income protection do I need?

Your CRA adviser will help you work out the level of cover you need, based on your current income. We may also recommend supplementing your income protection cover with trauma insurance.

How much does income protection cost?

The cost of income protection depends on your age, income and occupation. Your CRA adviser will compare products from different insurers to get you the best policy to suit your requirements at a competitive price.

How easy is income protection to organise?

When you’re a CRA client, we take all the hassle out of organising income protection insurance. We look after everything from initial advice to completing applications to regularly reviewing your cover, especially when your income changes. If you ever need to make a claim, we’ll help you through the process.

Make an appointment with a CRA adviser