Unum

Unum Income Protection Insurance helps you when you can't work. You get it from your employer.

In a nutshell, Income Protection protects your income. If you’re off work long-term because of illness or injury, Income Protection replaces a significant portion of your monthly pay cheque. How long the cover lasts and how much of your salary you receive will depend on your work's policy.

The easiest way to get Income Protection is through your employer.

A policy costs your employer, on average, only 1/3rd of what it would cost if you bought it yourself. And, unlike an individual policy, if you have an existing illness or injury (we call these pre-existing conditions), in most cases, you’ll be covered.

Approaching your employer about Income Protection isn’t as scary as it sounds. In fact, in a recent survey*, 48% of employers said ‘employee requests’ were one of the top 5 factors influencing the introduction of new employee benefits. So it’s worth asking the question. Take a look at how you can raise the subject.

*Employee Benefits/Alexander Forbes, March 2012

For most working people, their entire lifestyle depends on their ability to earn an income.

These case studies show how unexpected becoming ill or injured can be. They also show how a back-up plan can help ease some of the associated financial and rehabilitation worries.