Out of action

Out of action: means the life insured is solely as a result of sickness or injury, as diagnosed by a medical practitioner and on his/her advice and in our opinion is: — unable to attend or engage in his/her usual occupation; — not working in or performing any occupation, whether income generating or not; and — under the regular care of and following the advice of a medical practitioner, including recommended courses of treatment

Sickness or injury

Sickness: means an illness or disease that first manifests itself or is first suffered by the life insured after the cover commencement date or in the case of an increase to a benefit, after the commencement of the increase, and which is diagnosed by a medical practitioner. Injury: means an accidental bodily injury suffered by the life insured after the cover commencement date or in the case of an increase to a benefit or the addition of a benefit, after the commencement of the increase or benefit addition.

Income Protection Insurance

Income Protection helps you feel confident in your family’s financial security. It can help replace up to 75% of your income for a period of time if you find yourself out of action due to sickness or injury and need to maintain your lifestyle.

  • Comprehensive cover up to 75% of your income up to $10,000 a month
  • Flexibility to tailor your policy
  • Quick and easy to apply
LOCK IN 5% SAVINGS, EVERY YEAR ^

Enjoy 5% off your premiums every year for the life of the policy when you take out a new Suncorp Income Protection policy.

T&Cs apply.

What is Income Protection Insurance?

If you experience illness or injury and you’re unable to work, income protection insurance provides regular, monthly payments for a specified time, so you can continue to pay your bills and living expenses. With Suncorp, you can receive up to 75% of your pre-tax income, up to $10,000/month.

How does income protection work?

Income protection provides monthly payments if you’re unable to work due to illness or injury. You’ll serve certain waiting periods for income protection. You can choose a waiting period between 14 and 90 days, which means your benefit period will begin after that amount of time has passed. You can choose a benefit period between 6 and 60 months.

Income protection features & benefits

INCOME PROTECT PLUS

Comprehensive cover amount per month

Up to $10,000 a month or 75% of income*
Increases yearly in line with inflation

 *75% of the average of the last

12 months’ pay at time of claim

Claim waiting period (time off work before claim is payable)

Your choice of a 14, 28, 60 or 90 day waiting period after you’ve lodged a claim

See how it works

Benefit period

 

Receive income payments for 6 to 60 months – you choose!

When your benefit is paid

Benefits build up from the end of the waiting period (after a successful claim has been made) and are then paid monthly in arrears.

Assistance returning to work

Partial benefits are paid to supplement earning capacity, to assist your return to work on claim benefit periods of 24 and 60 months.

Recovery Support Benefit

If you’re confined to bed, you may receive extra financial support for the first two months of the claim period. This could help cover expenses for childcare, nursing care, housekeeping, travel to medical appointments and more.

Cover for mental health and pre-existing conditions

Subject to meeting health assessment criteria.

5% off your premium with our multi-policy discount

If you’re an existing Suncorp Insurance customer.

Optional add-on

Accidental Injury Benefit

Designed to help you and your family with the financial strain of accidental injury, this will backdate the benefit payment to the date of your accidental injury, if it results in:

  • Being totally out of action for the duration of the claim waiting period
  • Remaining totally out of action beyond the end of the claim waiting period and eligible to receive a benefit or partial benefit
  • The total benefits paid on any claim is up to the maximum claim benefit period nominated on your policy. The Accident Benefit Option is available if you take out Income Protect Plus Cover with a 14 or 28 day claim waiting period.

What's Not Included?

No benefit will be payable if the sickness or injury is caused directly or indirectly by:

  • Pregnancy
  • Self-harm
  • Drug and alcohol related sickness or injury
  • Criminal activity
  • War and terrorism

Other exclusions may apply, including other specific exclusions agreed upon with you first and as listed in the policy schedule. Please see the PDS for further details.

Want to know more?

For full details of what is and isn’t covered, please refer to the PDS.

Calculate your income protection cover

Help take control of your finances with Suncorp Income Protection, which you can tailor to suit your budget. How much you pay will depend on a few things, like your job, lifestyle and medical history, and the cover amount for bills and lifestyle costs. Get an income protection insurance quote online to see how you can personalise your policy. 

Suncorp Life offers flexible cover so you can choose the right policy for you. For instance, if you have savings and you can afford a longer waiting period, you can select a 90-day waiting period and reduce your monthly premium.

Use the Income Protection Calculator to get an indication of how much cover you may need.

Try the Income Protection Calculator

Income protection eligibility

If you’re an Australian resident aged 18 to 60 and you work a minimum of 20 hours a week and generate an income, you are eligible to apply for Suncorp Income Protection Insurance.

With no medical exams required, you can apply over the phone or online.

Is income protection worth it?

Paying bills can be stressful if you’re struck by an unexpected illness or injury. Suncorp Income Protection Insurance provides peace of mind with regular monthly payments for a period of time to help keep your life on track if something goes wrong. There’s also built in financial assistance when returning to work and extra support for childcare to help protect your family.

Take the stress out of worrying about how you would cover your bills, get a quote.

Why Suncorp Income Protection?

Australian residents

Australian residents aged 18 to 60 working 20 or more hours a week.

Quick and easy to apply

Apply online or over the phone with no medical exams required for Australian residents aged 18-60

Flexible for you

See how you can help tailor a policy to suit your needs, lifestyle and budget

Comprehensive cover

You can choose to insure up to 75% of your income, up to $10,000 a month with Income Protect Plus Cover

Extra support if you’re out of action

Receive a Recovery Support Benefit for up to two months if you’re confined to bed as a result of sickness or injury

Easy claims process

If you need to make a claim, a dedicated claims manager will make the process as stress-free as possible

We are helping Australians every day

With over one million dollars in accident, illness or injury claims paid every day

Frequently Asked Questions

Suncorp Life’s Commitment to the Life Insurance Code of Practice

Suncorp Life Insurance policies are issued by TAL, who played a key role in creating the Life Insurance Code of Practice. Suncorp Life is committed to delivering the best possible customer service standards. Suncorp Life will continue to look for ways to raise the standards of customer service now and over the years to come. Read more.

At TAL, we are committed to supporting our customers who may be experiencing vulnerability or have unique needs. Contact us or see how we can help if you are experiencing financial hardship or domestic and family violence.

Suncorp Income Protection is here to help

Operating Hours

Quotes and sales: Mon-Fri 8am-7pm, Sat 9am-4pm (AEST)

Customer service: Mon-Fri 8am-6pm (AEST)

Claims: Mon-Fri 8am-5:30pm (AEST)

Call the Suncorp Life Team

For help with a quote, contact the Suncorp Life team about Income Protection Insurance today.

View our operating hours

Call 13 11 55

Request a call back

A Suncorp Income Protection team consultant will get back to you.

Request now

Apply online

Get a quote and apply online in minutes

Apply now

^Offer only available to new customers who take out a quote and new Suncorp Income Protection policy from Friday 15th of December 2023 to 8:59am (AEST) Tuesday 2nd of April 2024. The 5% discount will be applied to your Suncorp Income Protection premium for the life of the policy. This offer is not valid in conjunction with the existing Suncorp customer discount.

Sickness or injury

Sickness: means an illness or disease that first manifests itself or is first suffered by the life insured after the cover commencement date or in the case of an increase to a benefit, after the commencement of the increase, and which is diagnosed by a medical practitioner. Injury: means an accidental bodily injury suffered by the life insured after the cover commencement date or in the case of an increase to a benefit or the addition of a benefit, after the commencement of the increase or benefit addition.

Out of action

Out of action: means the life insured is solely as a result of sickness or injury, as diagnosed by a medical practitioner and on his/her advice and in our opinion is: — unable to attend or engage in his/her usual occupation; — not working in or performing any occupation, whether income generating or not; and — under the regular care of and following the advice of a medical practitioner, including recommended courses of treatment

Australian residents

Australian residents aged 18 to 60 working 20 or more hours a week.

Waiting period

Waiting Period Infographic

Operating Hours

Quotes and sales: Mon-Fri 8am-7pm, Sat 9am-4pm (AEST)

Customer service: Mon-Fri 8am-6pm (AEST)

Claims: Mon-Fri 8am-5:30pm (AEST)