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Understanding income protection

What if I lose my income, either temporarily or permanently?

Have you truly considered the consequences of losing your income, and the financial impact it might have?  Find out how to protect your most valuable asset and the types of insurance available.

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No income. Lots of worries.

The chances of becoming disabled and unable to work for more than 3 months  is 7 times more likely than having your car stolen. How would your budget, your lifestyle, and your mortgage, car or credit card repayments stack up if your income suddenly ceased?

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Our income protection products

Things you should know

Note this information provided is for new applicants only. Existing customers should refer to their Policy Schedule for Terms and Conditions relating to their individual policy.


A target market determination has been made for Protection Plans products. Please visit for any of our target market determinations.

The Insurer and Issuer is Westpac Life Insurance Services Limited ABN 31 003 149 157 AFSL 233728, except for Term Life as Superannuation, Income Protection as Superannuation and Income Protection Assured as Superannuation, issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 as Trustee of Retirement Wrap ABN 39 827 542 991. They are subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714, who does not guarantee the insurance. 

This information does not take into account your personal circumstances. Terms and conditions, and limitations and exclusions apply. Read the BT Protection Plans Disclosure Statement (PDS) to see if this insurance is right for you.