Income Protection

Income Protection

What is Income Protection Insurance?

Income Protection will pay you a benefit each month if you are unable to work due to an illness or injury. The benefit payment is designed to replace or supplement your income.

The ability to earn an income is paramount to the security of your lifestyle. Professionals Choice Income Protection Insurance affords the professionals we insure a range of benefits and optional extras designed specifically to meet their lifestyle needs and financial commitments. Ensuring your bills get paid and your lifestyle maintained while you are unable to work.

Professionals Choice offers a Split Income Protection option, which allows you to apply for Income Protection cover both in and out of the Superannuation environment. This allows you to reduce your out of pocket Income Protection premium costs.

Professionals Choice also offers a Home Duties Income Protection Insurance product that has been designed for professionals who are no longer working in their professions, but who are engaged in home duties on a full time basis. This cover recognises the value provided every day by homemakers and that should the unforeseen happen, a substantial amount of money would need to be paid to someone else to carry out a homemakers daily duties.

Benefits of Income Protection with PPS Mutual Professionals Choice

Bespoke insurance
products designed for
Australian professionals

Members share in
the Company’s

Members share in the profits
that the PPS Mutual
product generates

benefits & features

we’ll automatically pass on
policy enhancements when
they don’t increase your

General Plan Features

Enhancements are passed back
Our philosophy is to keep our benefits current. Hence, we’ll enhance the Professionals Choice product to reflect changes in society and medical enhancements.

Where enhancements do not result in an increase to your premium rates, we’ll automatically pass them onto you. If the enhancement does result in a premium increase, you will be given the option to apply for the enhancement with a related increase to your premium.

Your insurance is guaranteed renewable each year until expiry
As long as you pay your premiums we’ll continue to insure you with the same or enhanced terms and conditions until expiry. This applies even if you suffer changes to your health, you change occupations (including to non-professional occupations) or you take up different pastimes.

Worldwide Insurance
Your insurance covers you wherever you are in the world.

Increase your insurance without providing medical evidence
With our Future Increases Benefit and Business Increases Option your insurance cover can keep pace with your changing life, as they allow you to increase your insurance after certain life, professional and business events without the need to provide information about your health.

How do I become a Member?

You can only join PPS Mutual via one of our Accredited Advisers – an exclusive group of professional Advisers who are licenced to give advice under their own Australian Financial Services Licence or Licencee and fully comply with our strict accreditation rules for the PPS Mutual Professionals Choice product.

Every Accredited Adviser receives formal product training by PPS Mutual in order to ensure that they are fully equipped to give you all the advice and guidance you may need.

Before applying for Insurance with a PPS Mutual Accredited Adviser, please remember that PPS Mutual membership is reserved for professionals who meet our eligibility criteria.

Quick Enquiry

Call us on 1300 401 436
or use the Quick Enquiry form and
we will help you find a PPS Mutual
Accredited Adviser