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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

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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 (less business expenses) 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* (less business expenses) 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 the start of the 14 or 28-day waiting period in the event of an Accidental Injury. This benefit is not available on policies with a 60 or 90 day claim 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


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.

Other exclusions may apply, please see the PDS and Policy Schedule for further details.

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.

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Protect one of your biggest assets -your income

From rent or mortgage repayments to food and regular bills, school fees, day to day expenses, and those unexpected costs we rely on our incomes to cover some of the most important costs in our lives. A vital asset worth protecting, income protection can help you continue to cover these expenses if you’re unable to work due to sickness or injury.

Learn more about how income protection can help you stay on top of your expenses.

Not sure how much cover you may need?

 Try the Income Protection Insurance calculator

Unsure which insurance is right for you?

Select what best sounds like you

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"

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Call 13 22 44 if you have any questions

1. Customers of TAL Life Limited (TAL Life) which hold AAMI branded products. TAL Life is part of the TAL Dai-ichi Life Australia Pty Limited ABN 97 150 070 483 group of companies (TAL). TAL Life is authorised to use the AAMI brand under licence from the Suncorp Group. The Suncorp Group is a distributor of life insurance provided by TAL. 

2. Eligibility criteria and policy terms apply.

TAL Life supports 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.

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

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