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Being off work for an extended period can have devastating effects on any household or business, as often income is relied upon to pay off loans, holidays, children's education as well as the general household bills.
It makes sense to insure your income with MLC Income Protection insurance. MLC Income Protection pays you a regular income if you are off work due to disability. You can receive up to 75% of your usual earnings every month until you recover and can return to work, or up to age 65, depending on the benefit period you choose.
We offer a choice of MLC Income Protection insurances under both MLC Personal Protection Portfolio and MLC Life Cover Super, which can be tailored to suit your individual needs and budget so you can be covered over the period of your working life.
As an added bonus, your premiums may be tax deductible, depending on your individual circumstances. MLC recommends that you seek advice from your Financial Adviser.
Want to know more?
Contact your Financial Adviser or click here to contact us.
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