Income Protection Comparisons

Income Protection Waiting Period


An income protection waiting period refers to the amount of days you will need to wait from disablement before you can put a claim in for replacement benefits. Variables are 14, 30, 60 and 90 days or 6, 12 and 24 months. Choice can vary depending on possible sick leave or cash reserves you would use in the event of a claim. The longer the Waiting Period, the cheaper the income protection insurance premium