MetLife Income Protection
Don’t let a temporary injury or illness cut off your income – MetLife’s income protection will make sure you’re still able to keep up your financial commitments, and minimise your worry in stressful times.
MetLife’s plans are flexible and can be customised to suit your needs. You can also incorporate them in your superannuation plan if that’s more convenient for you.
Some of the key benefits that are offered in MetLife’s income protection cover include:
- Compensation payments of up to 75% of your pre-tax deductible income
- Up to 10% payment for your superannuation benefits, if eligible
- Rehabilitation benefit
- Optional CPI claim increase
You can choose from a variety of waiting periods ranging from 30 to 90 days to get the best balance between a low premium and optimum coverage. You can also decide what your benefit durations will be. These typically range from 2 to 5 years, or you can have benefits provided up until you turn 65.