top of page
we stand by you.jpg

Protect Your Most Valuable Asset - Your Income

​Imagine waking up tomorrow and not being able to work. Not for a week or two, but for months. How would your family cope? Who would pay the mortgage?

The reality is confronting: Your ability to earn an income is worth far more than your house, your car, or your super. For example, a 35-year-old earning $90,000 today will earn over $7.4 million before retirement (assuming 3% annual increases).

​

The Truth About Income Protection

Many Australians believe "it won't happen to me" or "I'll be right". Yet the statistics tell a different story:

  • More than 60% of Australians will be off work for more than one month during their working life

  • One in three Australians will be diagnosed with cancer before age 75

  • 2.6 million Australians under 65 are living with a physical disability

  • Mental health conditions account for 18% of all income protection claims

​

Why Your Safety Nets Might Not Be Enough

"I've got savings" - But how long would they last? Most Australian families would exhaust their savings within three months of losing their income.

"I have Workers Compensation" - This only covers injuries at work. What about illness, accidents outside work, or mental health conditions? If you're self-employed, you might not even have this basic protection.​

​

How Income Protection Works For You

Income protection insurance replaces up to 75% of your income if you can't work due to illness or injury. Think of it as a salary continuation plan that:

  • Helps maintain your family's lifestyle

  • Keeps your children in their current schools

  • Protects your retirement savings from being drained

  • Covers your mortgage and other debt repayments

  • Provides peace of mind during recovery

​

Making It Affordable​

Many people are surprised to learn that income protection premiums are generally tax-deductible. For example, comprehensive cover can cost less than $4 per day - about the same as a cup of coffee.

​

Flexible Cover Options

 Your policy can offer :

  • Choice of waiting periods (2 to 104 weeks)

  • Benefit payment periods (1, 2, 5 years or to age 65/70)

  • Agreed value or indemnity cover

  • Additional benefits like rehabilitation support

  • Super or non-super ownership​​

​

Don't wait for a crisis to discover you're not protected. As an Adviser I can help you:

  • Understand what is income protection 

  • Compare policy options from leading insurers

  • Structure your cover tax-effectively

  • Integrate protection with your broader insurance portfolio 

  • Contact me today on 0411 519 209 for a factual discussion about protecting your income and your family's future.

Simon Croxton is an Adviser with Moore Simmons Pty Ltd.

ABN 47 646 019 543  AFSL No. 566193

​

All of the material published on this web site is for information purposes only and does not constitute advice. This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, (with or without the assistance of a Financial Adviser) whether the factual information is appropriate for you.

​​​

Privacy Policy

Why we collect information and how we use it. Read policy.

​

The Moore Simmons Privacy Policy which sets out the details of how we collect, use, disclose and secure personal information is available on our last page.

​

Financial Services Guide

​​The Moore Simmons Financial Services Guide - Part 1 and Part 2 which outlines the services that Moore Simmons Pty Ltd offers you is available by contacting me. ​

​​

Moore Simmons Pty Ltd
147 Frome Street

Adelaide SA 5000
Phone: 0411 519 209

© Moore Simmons 2021. All Rights Reserved.

bottom of page