Can I get income protection if I am self-employed?
Yes, you are eligible to apply for income protection insurance if you’re self-employed. In calculating your benefit amount, your business expenses are excluded from your pre-tax earnings to calculate your personal income. Note that income paid from rental income, investment income, other disability income policies, retirement plans or lump sum disability payments are some examples of income we would generally not consider to be part of earnings. Please refer to the Product Disclosure Statement (PDS) for further information.