Real Income Protection Insurance review
By Peta Taylor
- Maximum % of income Covered
- 70%
- Maximum Monthly Benefit
- $15,000
- Maximum Entry Age
- 60
- Maximum Benefit Period
- 5 Years
Summary
Real Income Protection Insurance has similar cover to many popular providers. However, optional extras are limited.
Pros
-
Covers up to $15,000 a month. This is higher than others at $10,000 or $12,000.
-
Has flexible benefit period options of 6 months, 1, 2 or 5 years.
Cons
-
It does not offer an online quote.
-
It covers up to 70% of your income but other providers cover up to 75%.
Details
Product details
| Maximum Monthly Benefit | $15,000 |
| Maximum % of income covered | Up to 70% |
| Maximum Benefit Period | 5 Years |
| Expiry Age | 65 |
| Maximum Entry Age | 60 |
| Waiting Period Options | 30 or 90 days |
| Death Cover | |
| Underwriter | Hannover Life Re of Australasia Ltd |
Detailed overview of Real Income Protection
What you're covered for
| Feature | Definition | Real's coverage |
|---|---|---|
| Maximum monthly benefit | This is the maximum dollar amount that Real is willing to cover you for. | $15,000 |
| Percentage of income covered | This is the maximum percentage of your income that Real is willing to cover you for. | 70% |
| Maximum benefit period | This is the maximum length of time that Real will pay your benefit for. | 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. | 30 or 90 days |
Compare other products from Real
- Real travel insurance
- Real home insurance
- Real car insurance
- Real pet insurance
- Real life insurance
- Real landlord insurance
Frequently asked questions
Your reviews
No reviews yet.
Write a review
Peta Finder
Publisher of Insurance
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.
More resources on Finder
Types
Guides
Read our comprehensive brand reviews
Your FAQs answered