How does disability income protection insurance work?

Once your disability income protection plan is effected, should you fall ill or become disabled, your income benefit payments will commence after your elected deferred period.

Your income payment benefits will continue until you return to work or, if you are unable to return to work, until your plan maturity date which is typically your 65th birthday.

Additionally, disability income protection benefit payments are subject to indexation to help keep pace with inflation.

How easy is it to effect diability income protection cover?

Insurance companies will be interested in the following criteria in order to accurately determine your premium payments :

• your age


• your location


• your occupation


• your salary (a maximum level of 70% of pre-disability income is insurable)


• your chosen deferred period (this is the time between an accident or illness and the start of benefit payments, typically this would be 3 or 6 months)