What is income protection insurance?
Income protection, in one sentence
You pay a small monthly amount, and if an accident, sickness, or sudden job loss stops you from working, you get a monthly check until you're back on your feet.
The payment
Fixed from day one and never goes up during your policy. It costs less than most people expect.
The trigger
An accident, sickness, or involuntary unemployment that stops you from working. Whether it's a long illness, a back injury, or unexpected redundancy, your income is protected.
The benefit
A monthly check that replaces a share of your income while you recover or look for new work: rent, groceries, and the bills that don't pause when you do.
Who needs income protection?
Is this you?
Employees
"Job security isn't what it used to be."
Redundancy can happen to anyone. This cover ensures you aren't left scrambling to pay the bills if your role is unexpectedly made redundant.
Physical jobs
"My body is the business. One bad knee and I'm out."
When your work is physical, an injury hits your income first. The monthly benefit carries you while you heal.
One-income households
"Everything in this house runs on one income. Mine."
If everyone depends on your income, a monthly benefit keeps the household running while you can't.
Renters
"Rent doesn't care whether I can work this month."
The benefit keeps rent, utilities, and groceries paid month after month, so home stays home while you recover or job hunt.
Still got questions?
Why choose Eleos income protection
What makes us stand out.
Income protection the way it should be: fast, human, and honest.
Income protection
Built for how you work
Income protection FAQs
Before you decide
More ways Eleos protects you
One promise, more triggers
Whatever happens, the money keeps coming.
If you're gone
Term life insurance: cash for the people who depend on you, sized to what you want to leave behind.
Available nowFor every day in between
Wellness Subscription: remote GP, counselling, physio and more, 24/7.
IncludedFor all the years you're here
Wellness support that doesn't wait for emergencies
24/7 telemedicine, concierge support, and financial planning tools come with your cover, so it gives you something every day and not just on the worst one.