Injury and Illness Insurance coverage (formerly Income Protection Insurance) covers trades people 24/7 whether you are at perform, at home or throwing the football in the park with the kids. Insurance coverage provides 5 decades of economical advantages if you have an accident and 2 decades economical advantages if you get sick and cannot go to perform or to do any type of task.
Injury & Illness insurance coverage comprises two basic policies, Accident Only or Illness & Accident and at Trade sure, we strongly recommend the latter. Statistics consistently indicate that approximately seven of every Damage & Illness insurance coverage claims are the result of sickness. Unlike Work Cover, Injury insurance coverage includes more than just work related incidents. Many people think that injury only includes them while they are at work. However, this insurance policies are a 24/7 insurance coverage which includes tradesmen if they fall off a ladder at home, hurt themselves kicking the footy with their kids or if they catch the flu.