MLC Income Gold Income Protection Insurance
The MLC Income Gold protection product allows an insured to replace up to 75% of their income if they suffer a qualifying illness or injury.
The MLC Income Gold insurance policy offers protection from loss of income due to a qualified injury or illness that deems the insured unable to work. Income Gold from MLC provides all of the benefits of the Income Excell cover as well as additional features such as a Child Income Benefit should the policy holder’s child suffer a critical illness or pass away.
The key benefits of the MLC Income Gold include:
- Coverage of up to 75% of the policy holder’s regular monthly income (up to a maximum of $30,000 per month)
- Nursing Care Benefit if the insured is confined to a bed due to a qualifying illness
- Rehabilitation Expenses Benefits to help with the policy holder’s recovery
Additional features of MLC’s Income Gold cover product include coverage worldwide 24 hours per day and 7 days per week.
Policy holders may apply for MLC’s Income Gold product as early as age 20 and they may continue to receive qualifying benefits to age 70. Income Gold also offers a number of flexible benefit periods as well as benefit durations.MLC Income Gold - Compare Insurance Quotes - Lifebroker