How can I work out much income protection insurance I need?

By Sharon Esthers    April 23, 2018
Sharon Esthers
Sharon Esthers
Apr 23, 2018 10:13 PM 1 Answers Income Protection Insurance
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I know that income protection insurance is important. I'm already on board with that, what I'm trying to work out is how much I might need? Should I just look at my salary now and get coverage at that level or is it worth getting more coverage, given if I need it, then my expenses might change aswell? Can I get coverage at a higher level than my current income?
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Sharon Esthers
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clare1352
Feb 05, 2019
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Hi Sharon,

Firstly, my apologies for the delay in responding it appears that my initial response hasn’t gone through

Your best option is to speak to a Life Adviser to obtain specific advice based on your needs. One of the advisers that we use is Matthew Robertson – mrobertson@shakes.com.au

You can certainly cover your income, capital benefits and business expenses.

kind regards,
Clare

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