Your browser version is no longer supported, so you may experience issues while using this site.
Please upgrade to a current browser to enjoy the best experience.

We're here to help
To learn how, please visit our dedicated COVID-19 information page.

Trusted by 2.8 Million Australians1

Income Protection Insurance

If you become sick or injured and unable to work, Income Protection cover can help cover most of your expenses and keep your life on track.

Get a quote in minutes

Retrieve a previous quote

Existing AAMI customers get 5% discount on their policy

Why is Income Protection important?

Income Protection is designed to help you get back on your feet. If you’re unable to work due to sickness or injury, AAMI Income Protection is here to help. With our Comprehensive Income Cover, you can receive up to 75% of your average income over the previous 12 months, up to $10,000 a month. That way, you can keep on top of bills while you stay focused on recovering.

It’s up to you how you use your monthly benefits:

Rent or mortgage payments

Bills and credit card repayments

Childcare and school fees

Or even basics like food, clothing or petrol

What's included?

Features and Benefits

Comprehensive Income Cover

Cover per month

Up to 75% of income* to a maximum of $10,000 a month, for those working a minimum of 20 hours/week.

*75% of the average of the last 12 months’ pay at time of claim

Claim waiting period

Your choice of 14, 28, 60 or 90 days.

View the graph to find out more about the claim waiting period.

Claim benefit period

Your choice of 6, 12 or 24 or 60 months.

When are benefits paid?

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

You can choose the Accident Benefit Option which backdates benefits to start from a 14 or 28-day waiting period.

Extra benefits to help you get back to being fit for work.

Includes cover for pre-existing medical and mental health related conditions, if you meet health assessment criteria. 

Accident benefit option on 14 or 28-day waiting periods.

This is just a summary. For details about what is and isn’t covered, view the Combined Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for eligibility, limits and exclusions.

Additional benefits

To stay on top of your policy, it’s good to know the little perks:

  • You can apply for Comprehensive Income Cover without any medical tests.
  • When you’re receiving benefits you won’t have to pay a premium.
  • If you’re an existing AAMI Insurance customer you’ll receive 5% off on AAMI Income Protection premiums for the life of the policy.
Applying is quick and easy
  • No lengthy forms or medicals
  • Get a quote in minutes
Get a quick quote

Life Insurance Guide
Unsure what you need?

Look at ways to protect yourself depending on your circumstances


Select what best describes you

I am young & single

I am in a couple

I have kids at home

I am mature & single

My kids have left home

What's not covered?

Unfortunately some events will not be covered by your policy

Death

Income Protection is designed to help you get back on your feet if you are sick or injured. For death cover, you may want to consider Life Insurance to protect those close to you.

Some medical conditions

There are a small range of conditions which are not covered under the disability benefit in Income Protection. Read the Product Disclosure Statement or call 13 22 44 for more information about this.

Back pain

For claims of less than 90 days duration.

Multiple insurance benefits

The maximum benefit payable is 75% of your income. If you receive compensation from other sources such as disability benefits, these will be deducted from your monthly benefit payment.

Dangerous sports and occupations

If you are attempting to engage in or engaging in: mountaineering, abseiling, rock climbing or canyoning; diving to a depth of 45 metres or more, pothole diving, wreck diving or diving in a cave, you’re not covered under any AAMI Income Protection policy.

Download PDS

If you’re having any issues paying your premium payments, no need to worry, we have options that can assist. Please give us a call so we can work out the best way to help you.

You might also be interested in

Business Insurance

Insure your business's contents and stock against loss, theft or damage

Find out more 

How to claim in 3 easy steps

In the unfortunate event that you need to make a claim, we're here to help.

1. Call us

Call us on 13 22 44 as soon as possible after the event

2. Receive a claims pack

We'll send you a claims pack to fill in

3. Complete form

Send us the completed claim form and requested information

Income Protection

Frequently asked questions

 

Join the 2.8 million Australians who "turn to AAMI"

Insurance you can trust

Trusted by 2.8 million Australians with their insurance needs1.

Unparalleled customer service

Support when you need us most.

AAMI Lucky Club

Get exclusive access to amazing experiences. Find out more.

Call 13 22 44 if you have any questions

1. Includes customers of Asteron Life & Superannuation Limited (Asteron) and TAL Life Limited (TAL Life) which hold AAMI branded products. Asteron and TAL Life are part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). Asteron and TAL Life are authorised to use the AAMI brand. The Suncorp Group is a distributor of life insurance provided by TAL.

2. Eligibility criteria and policy terms apply.

Asteron and TAL Life support and adhere to the Life Insurance Code of Practice (Code). The Code has been developed voluntarily by the Life Insurance industry through the Financial Services Council to promote high standards of service to consumers, provide a benchmark of consistency within the industry, and establish a framework for professional behaviour and responsibilities. Download the Code here. For more information contact the Financial Services Council on (02) 9299 3022 (local call cost), email info@fsc.org.au or visit www.fsc.org.au.

Customer Rewards

We’d like to introduce you to AAMI Lucky Club, a place where our customers come to get access to amazing experiences.

Find out more

Got a question?

Ask the AAMI Virtual Assistant