A tradies’ health is their most important tool, yet Australian tradies experience some of the highest rates of injury and time off work compared to other workers. “In fact, 3 in 5 serious workplace injuries involve a tradie, despite tradies making up only 30 per cent of the Australian workforce” according to the Australian Physio Therapy Association.
Safe Work Australia states, the most common types of serious claims included:
Traumatic joint injuries 44%
Wounds/lacerations 18%
Musculoskeletal disorders 15%
Fractures 10%
Note: ‘Tradies’ are comprised of technicians and trades workers, labourers, and machinery operators and drivers’.
Life doesn’t always go according to plan, we can help you make sure that your most important asset is protected.
If you are unable to work for an extended period due to illness or injury, you could receive a monthly benefit of up to 75% of your income to help replace your lost earnings while you recover.
The premiums for income protection insurance can be structured in a number of cost effective ways and are generally tax-deductible* and benefits received will generally be assessable as income (seek advice from your accountant).
Most income protection policies offer a range of waiting periods before you start receiving your insurance benefit (with options normally between 14 days and two years). You can also choose from a range of benefit payment periods, with maximum cover generally available to age 65.
Contact GL Financial Planning today for an obligation free insurance review today on 03 5222 2355.
Important information and disclaimer
This publication has been prepared by Geelong Lifestyle Financial Planning Pty Ltd ACN 094 786 400 Corporate Authorised Representative of Bombora Advice Pty Ltd ABN 40 156 250 565 Australian Financial Services Licensee 439065. Registered Office at Level 2, 406 Collins St Melbourne Vic 3000.
Any advice in this publication is of a general nature only and has not been tailored to your personal circumstances. Accordingly, reliance should not be placed on the information contained in this publication as the basis for making any financial investment, insurance or other decision. Please seek personal advice prior to acting on this information.
Information in this publication is accurate as at the date of writing, May 2020. In some cases the information has been provided to us by third parties. While it is believed the information is accurate and reliable, the accuracy of that information is not guaranteed in any way.
Opinions constitute our judgement at the time of issue and are subject to change. The Licensee , nor their employees or directors give any warranty of accuracy, not accept any responsibility for errors or omissions in this publication.
