Income protection cover

Do you insure your car? Your house? Most people do. But it’s likely your ability to earn an income is far more valuable.

If you are ill or injured and can’t work, your income will stop- but the bills will keep coming in.

Income Protection cover provides you with a benefit for a specified period, if you are unable to work after the qualifying period because of illness or injury. This can help you and your family to pay the bills and other household expenses so you can focus on getting better. 

Apply for income protection cover: 

• in units of $250 per month,
• with a minimum of three units,
• up to a maximum benefit which is the lesser of:
  • 85% of your pre-disablement monthly income (providing you with an income replacement benefit of 75% of pre-disablement income plus super contributions to your MTAA Super account of 10% of your pre-disablement income), and
• $25,000 per month. 

Choose your benefit period

You can choose a maximum benefit period of two years, five years or until you reach age 65. Benefits continue until the end of the maximum period or whenever you recover, whichever comes first.

Choose your waiting period

You can choose a waiting period (before your benefit starts) of 30, 60 or 90 days.

For details of all the options and what they cost, refer to our Insurance Guide.

Eligibility

You are eligible for Income Protection cover if you are actively engaged in full-time, part-time, casual or contract employment, either as an employee or as a self-employed person and are performing normal occupational duties.

You are not eligible for Income Protection cover if you are:

• working less than 15 hours per week
• aged 65 or more
• not an Australian citizen or permanent resident
• engaged in an occupation the Insurer does not cover, in which case the Insurer will notify you.

Work out how much cover you may need

To work out how much insurance cover you need to protect yourself and your family, use the MetLife quick and easy insurance calculator. It only takes a few minutes to get an estimate of how much cover you need.

Disclaimer: The MetLife calculator and website is managed by MetLife and MTAA Super takes no responsibility for the calculator or any information generated by it.

Apply for Income Protection

You will receive an immediate decision on your application. Where additional information is required by MetLife Insurance, your application is immediately forwarded to a dedicated underwriter who will contact you on your preferred number and time.

> Apply for insurance online via Member SuperSite 

Please note: insurance cover is provided under the terms and conditions of the Member Product Disclosure Statement and Insurance Guide.  You should consider the information provided in these documents prior to making any decisions to change the level of your insurance cover.