Protect your family’s future with income protection
Your ability to earn an income is one of your family’s most valuable assets. If illness or injury prevents you from working, it can place significant financial strain on your household. At Abbotts, we offer tailored Income Protection Insurance solutions to ensure your family’s financial wellbeing is safeguarded.
Working with a range of trusted providers, our advisors help you create a plan that reflects your unique circumstances, giving you the confidence that your family’s lifestyle and future goals remain secure—no matter what challenges arise.
What is income protection insurance?
Income protection insurance provides financial support by replacing a portion of your income if you’re unable to work due to illness or injury. This ensures you can continue meeting essential expenses, such as mortgage repayments, school fees, and daily living costs, while focusing on recovery.
Abbotts specialises in guiding families through the complexities of income protection, tailoring policies to meet your needs and integrating coverage with your broader financial strategy.
Why income protection matters for families
Life is unpredictable, and protecting your income helps secure your family’s stability, even in challenging times. Income protection offers a safety net that supports your household’s financial commitments while you recover.
With income protection, you can:
- Replace a portion of your income to cover essential expenses, such as rent, utility bills, and groceries.
- Ensure your children’s education and activities remain unaffected by financial disruptions.
- Access rehabilitation or retraining programs that support your return to work when ready.
- Benefit from adaptable policies that can evolve with your changing financial needs over time.
Income protection isn’t just about financial security—it’s about ensuring peace of mind for you and your family.
How Abbotts can help
At Abbotts, we take a personalised, independent approach to income protection. Our advisors work closely with you to ensure your policy meets your family’s specific needs and provides comprehensive support when it matters most.
We focus on:
- Tailored coverage: Designing policies that align with your financial situation, family priorities, and long-term goals.
- Flexibility and adaptability: Helping you choose options for waiting periods, benefit durations, and payout structures to suit your circumstances.
- Supporting recovery: Ensuring access to rehabilitation programs and expert advice to help you return to work when the time is right.
- Financial integration: Aligning your income protection policy with your broader financial plan, so all aspects of your financial future work together seamlessly.
Our team’s expertise ensures that your family is protected through a plan that’s as dynamic and resilient as your life demands.
Frequently Asked Questions
Income protection insurance replaces a portion of your income if you’re unable to work due to illness or injury, ensuring your household’s financial stability.
Policies typically replace up to 70% of your income. Our advisors will work with you to determine the right level of coverage for your needs.
Yes, income protection policies are flexible and can be updated as your family grows or your financial priorities shift.
In many cases, premiums for income protection insurance are tax-deductible. We can provide guidance on how this applies to your situation.
Payment timelines depend on your policy’s waiting period. We’ll help you choose an option that aligns with your financial situation.
Most working parents are eligible. Our team can assess your eligibility and guide you through the application process.
Secure your family’s financial future today
Protecting your income is one of the most effective ways to ensure your family’s financial stability. At Abbotts, we’re committed to helping you navigate the complexities of income protection and find a policy tailored to your needs.
Contact us today to speak with a trusted advisor and explore how Income Protection Insurance can safeguard your family’s future.
