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About Income Care

How it works

  • Replaces a proportion of your income if you are sick or injured and cannot work
  • Basic cover lets you insure up to 75 per cent of your income and offers a range of waiting and benefit periods
  • Tailor by taking up any or all of the following:
    • Increasing Claim Option
    • Accident Option
    • Super Continuance Option
    • Cash Back Option
    • Premium Saver Option
  • You can include Business Overheads Cover which is designed for the self-employed. It covers the fixed operating expenses of a business if you are unable to work because of sickness or injury
  • Premiums are based on considerations including age, health, gender, occupation, smoking habits, waiting period, benefit period and sum insured

Tax deductibility

  • The premium will generally be an allowable deduction from your assessable income under Section 8-1 of the Income Tax Assessment Act 1997
  • Applies whether you are self-employed or an employed person

Customise your insurance

Talk to your financial planner to ensure your insurance meets all your needs and discuss customising your insurance to suit you.

If you don’t have a financial planner, you can talk to one of ours.

  • Make an appointment for a complimentary, no-obligation meeting with a professional financial planner
  • Call 1300 131 103, 8am to 7pm (AEST) business days
Make an appointment

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Income Care Plus

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Business Overheads Cover

Cover your business overheads if you are unable to work due to sickness or injury.

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Talk to us

Call 131056

Call 13 1056

(8:00am-8:00pm AEST, Mon-Fri) 

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Important Information

Please refer to the relevant Product Disclosure Statement for full details of these benefits and when they are payable.

As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on it, consider its appropriateness to your circumstances Income Protection, Life, Business Overheads, Total and Permanent Disability (TPD) and Trauma are components of CommInsure Protection. CommInsure Protection is issued by The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 (CMLA). CMLA and the Trustee are wholly owned subsidiaries of Commonwealth Bank of Australia ABN 48 123 123 124. Commonwealth Bank of Australia does not guarantee the obligations or performance of CMLA or the Trustee or the products they offer.

Product Disclosure Statements (PDSs) describing CommInsure Protection is available from your Financial Adviser, by downloading them from this website or by calling 13 10 56 (from overseas call +61 13 10 56) and should be considered in making any decision about these products.

Commonwealth Financial Planners are representatives or authorised representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169 AFSL 231139, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 12 56 (from overseas call +61 13 10 56) and should be considered in making any decision about these products.

Commonwealth Financial Planners are representatives or authorised representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169 AFSL 231139, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 12

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