Income Protection insurance

There are some things in life we can’t foresee: injury and illness are two of them.

Income Protection gives you temporary financial support and peace of mind if you have to stop working due to illness, injury or accident.

In a nutshell:

  • You can apply for cover of up to 85% of your pre-illness/injury salary
  • Income Protection pays a monthly income to help support you and your family. The benefit period for Income Protection is up to two or up to five years
  • The cost of cover depends on your age, gender, work category and the waiting and benefit periods you choose. View full costs here
  • We offer a choice of three different waiting periods: 30, 60 or 90 days
  • The maximum monthly benefit payable is $30,000
  • Income Protection ceases at the age of 65.

As Income Protection is not included under default insurance cover, you will need to apply for it separately.

Default Income Protection insurance is available to permanent employees of Woolworths NSW who are automatically provided with $500 per week of Light Blue Income Protection cover with a 30-day waiting period.

For further information on Income Protection, you can head to our Insurance Guide, call us on 1300 130 780 or email us at