Take one thing off your worry list and protect what matters most. Virgin Money stopped offering new Life Insurance policies on 1 April 2021 – the good news is, we’ve partnered with comparison site Lifebroker to help you with your insurance needs. They can help you compare some of Australia’s leading life & income protection insurance companies so that you can choose the right cover for you. 


What is income protection

Income protection insurance helps protect your income in order to allow you and your family to maintain your lifestyle. It may financially safeguard you if the unexpected happens and you become unable to work due to illness or injury. You can use income protection insurance payments to replace your lost income and cover you and your family’s day-to-day expenses.

Payments may contribute towards covering any:

  • mortgage and debt repayments
  • household bills
  • car expenses
  • medical bills
  • school fees

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When the unexpected happens, income protection can help you have peace of mind knowing that your tomorrow is covered.


Receive recurring monthly payments

Maintain your lifestyle in the event you become unable to work

Cover expenses and debt repayments

Claim when you’re unable to work due to sickness or injury