Big changes loom for income insurance - are you protected?
Protecting your income is about to get a lot harder.
As a doctor, your greatest asset is usually your ability to earn an income. Take that away and life can become difficult very quickly.
That is why it’s important that you are aware of the imminent changes to new income protection policies by life insurers.
They are the result of reforms put in place by the Australian Prudential Regulation Authority (APRA).
In short, it is going to get significantly harder