Income Protection Insurance
What is income protection insurance?
It enables you to stay financially stable even if you do not have an income given your sickness or injury. It is an insurance policy that would assist you financially incase you are unable to work due to illness or injury. It protects the lifestyle of you and your family against arising financial circumstances due to loss of income.
Financial protection for family
When the income of a person who has dependants suddenly stops due to illness or accident, it becomes hard for the family to pay for the ongoing household expenses. The income protection would aid the family financially to continue paying for these expenses.
Increase cover with increase in income
Career growth is inevitable as you gain experience and expertise. With a Free guaranteed increase option on our most popular plan, you are offered the option to increase your cover by 20% every three years.
Why you need income
The only thing that you never wish for your family is to struggle with continuing their current lifestyle. Life is too uncertain, why stress over it when you can fully embrace the uncertainty with the right insurance in place for uncertain times.
Do not let your family suffer from the burden of daily expenditure and ongoing expenses like mortgages and loans if your income suddenly stops.
Lowest cost guaranteed
Super fast approval
97% payout rate
From start to finish, the team in Platinum Life made the whole application process seamless, easy, and very intuitive. I travel a good amount for work and have a busy life so not having to schedule and deal with medical examinations and to have immediate coverage through a highly rated company is the best.
The process is so simple. I completed the calculator on my laptop and had a policy before the end of the day. I already told people at my office about it.
So easy. Every other place made it difficult. I just wanted to know how much cover I needed, not what I could be sold on. A big thanks to Michael for taking the time to understand what I really looking for and for sorting out my life cover without any hassle.
Let’s discuss required Insurance options
Speak to a Platinum Insurance team member now