AAMI Income Protection Review
By Peta Taylor
- Maximum % of income Covered
- 75%
- Maximum Monthly Benefit
- $10,000
- Maximum Entry Age
- 60
- Maximum Benefit Period
- 5 years
Summary
AAMI has been Highly Commended in the 2025 Finder Income Protection Awards. Read on for details about why.
Pros
-
AAMI was Highly Commended in the 2025 Finder Income Protection Awards because it offers decent coverage limits yet is still better priced than its competitors.
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It has a good finder score of 8.01.
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It can cover up to 75% of your monthly income, which is higher than some others.
Cons
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It covers you for up to $10,000 monthly - lower than some other providers.
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Death cover is not included like it is with some other providers.
Details
Product details
| Maximum Monthly Benefit | $10,000 |
| Maximum % of income covered | Up to 75% |
| Maximum Benefit Period | 5 years |
| Expiry Age | 65 |
| Maximum Entry Age | 60 |
| Waiting Period Options | 14, 28, 60 or 90 days |
| Death Cover | |
| Underwriter | TAL Life Limited |
Current offers from AAMI Income Protection
Deal
Save up to 10% on premiums every year
For the life of the policy on AAMI Income Protection. Offer ends 31 July 2025. T&Cs apply.
Deal
5% off on AAMI Income Protection
Existing AAMI Insurance customer you’ll receive 5% off on AAMI Income Protection premiums for the life of the policy.
Congratulations, AAMI!
AAMI has been awarded the 2025 Highly Commended title due to its impressive flexibility and shorter waiting times compared to many competitors.
Full list of 2025 income protection winnersDetailed overview of AAMI income protection
What you're covered for
| Feature | Definition | AAMI's coverage |
|---|---|---|
| Maximum monthly benefit | This is the maximum dollar amount that AAMI is willing to cover you for. | $10,000 |
| Percentage of income covered | This is the maximum percentage of your income that AAMI is willing to cover you for. | 75% |
| Maximum benefit period | This is the maximum length of time that AAMI will pay your benefit for. | 6 months, 1, 2 or 5 years |
| Expiry age | This is the age when your policy will expire. | 65 |
| Max entry age | This is the oldest you can be when you take out a policy. | 60 |
| Waiting period options | This is how long until your policy begins paying out. | 14, 28, 60 or 90 days |
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Frequently asked questions
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