Disability income protection helps replace your earnings if you can't work due to sickness or injury so you can concentrate on feeling better. With salary packaging you can pay your disability and income protection insurance premiums with pre-tax dollars.
You may be eligible to package your disability and income protection insurance premiums if you work for a:
and your employer offers this as part of your workplace benefits program.
Still not sure whether you can package disability and income protection insurance? Contact your employer to find out if this benefit is available to you.
Things you need to know: The above information is not intended to constitute taxation or financial product advice. Your benefits and savings will vary depending on your personal objectives, financial situation and needs. We recommend you obtain independent financial advice before making any financial decisions.
Eligibility criteria and terms and conditions apply. All salary packaging proposals are subject to the requirements of your employer. Administration fees will apply. The actual administration fee that applies to you may vary depending on your employer. ITCs (refund on GST) are excluded. Maxxia may pay and receive commission or rebates in connection with some services and products it provides or arranges to be provided by third parties. Maxxia Pty Ltd ABN 39 082 449 036 Authorised Representative (No. 278683) of McMillan Shakespeare Limited (AFSL No. 299054).