Different disability products are available, such as Income Protection, Mortgage Repayment Cover and Household Expenses Cover as options to help protect you and your family against the loss of your income as a result of a disability.

These monthly disability covers provide a financial safety net should you be unable to earn your regular income as a result of sickness/injury. The monthly benefit is designed to replace a significant portion of lost income to help maintain your usual lifestyle during treatment and recovery. Waiting periods apply: the longer the wait period, the cheaper the premium.
Mortgage Repayment Cover is designed to protect either 45% of your salaried income OR your actual mortgage repayments if you lose your income because of illness or injury. Most people don't even need to have a mortgage to qualify for mortgage protection! 

​Why would you want mortgage protection cover included with your income protection cover? Because, unlike income protection, mortgage protection has ZERO offsets when you claim the benefit. For example, if you are injured and A.C.C is paying some of your lost salary, this A.C.C benefit will reduce your income protection payout BUT NOT your mortgage protection payout.