Essential Cover


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The Income Care range is now closed to new business (except continuation options and replacements). Existing customers can still increase, decrease, add options and obtain replacement policies. They will also continue to receive product improvements to ensure they provide ongoing valuable, contemporary protection.

Note: Existing clients aren’t able to change indemnity income protection to agreed value effective 1 April 2020.

Essential Cover is accident only income protection which is available within CommInsure’s Income Care, Income Care Super (within Total Care Plan Super) and SMSF Plan. These policies provide up to 75 per cent of income in the event of an accident and are indemnity contracts.

This option can provide cover, even if your client has previously been declined income protection due to medical reasons. The cover could give your client a fall back plan if they can’t get standard income protection. It may also offer an effective option to suit tight budgets.


Essential cover features and benefits

  • Indemnity contract that will cover up to 75 per cent of income in the event of an accident
  • Stepped premium types:
    • Minimum entry age 17
    • Maximum entry age 60
  • Level premium rate types:
    • Minimum entry age 17
    • Maximum entry age 54
  • Choice of 14 days or 1, 2, 3, or 6 months or 1 or 2 years waiting period
  • Choice of cover which expires on the policy anniversary before the life insured’s:
    • 60th birthday
    • 65th birthday.


We only pay a benefit if it becomes payable as a result of an ‘accident’ as defined below:

‘A bodily injury occurring while this policy is in force and which is caused solely and directly by violent, accidental, external and visible means, independent of any other cause.’




At 35, Jonathan was a fit, healthy father of two and keen amateur triathlete. A picture of health, Jonathan thought getting income protection would be a waste of money - money that could be spent on a new push bike. Fortunately his financial adviser suggested otherwise, recommending CommInsure's Essential Cover as appropriate for his active lifestyle and budget.

Just over three years later, during 2008, Jonathan was about to complete his Saturday morning cycle squad training when a car accidentally clipped another rider who ended up knocking him off his own bike. Luckily Jonathan's injuries weren't as serious as his team mate's, but he sustained a compound fracture to his femur which required corrective surgery, a lengthy hospital stay and extensive rehabilitation. Jonathan was totally disabled as a result of these accidental injuries and met the definitions in CommInsure Protection Product Disclosure Statement (PDS). 

Thanks to his financial adviser, who encouraged Jonathan to maintain this protection, the Essential Cover relieved the financial burden of needing time off work to recover. But for Jonathan the icing on the cake was using some of his payments to replace his wrecked bike with the one he'd had his eye on before taking out cover.

The examples used are for illustrative purposes only.