Income Protection for employees
Some Cbus members have income protection benefits through a redundancy trust as part of their Enterprise Bargaining Agreement. For those who don't, Cbus income continuance insurance fills the gap. Cbus has negotiated access to 24 hour a day, 7 days per week, low-cost insurance cover for loss of income through accident or illness. Premiums for income continuance cover through the Cbus income continuance portfolio cannot be deducted from a member's Cbus account.
What are the features?
- benefits payable for up to 2 years;
- if your employment ceases as a result of disability after you make a claim, benefits continue to be paid;
- if you return to work in a reduced capacity, partial disability benefits are payable;
Choose your cover
Cbus' low cost insurance cover is flexible, letting you design your own type of cover. You can insure yourself for 100% of your income, or for less. You can elect a waiting period of 14, 28, 60 or 90 days. It's your choice.
Call the Income Continuance insurance line on 1300 362 146 for more information.