Ezicover Income Protection can pay up to 70% of your income if you get sick or injured but it might not be suitable if you earn more than $12,000 per month.
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Finder Score - Income Protection
Income Protection is a little complicated and a lot overwhelming. That's why we made the Finder Score, to make it easier to compare Life Insurance products against each other. Our experts analysed over 12 products and gave each one a score rank out of 10.
But a higher score doesn't always mean a product is better for you. Your situation is unique, so your policy choice will be too. Don't think of Finder Score as the final word, but as a good place to start your life insurance comparison.
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Pros and cons of Ezicover Income Protection
Pros
There's an option for injury cover only.
You can receive up to 70% of your income – this is the same as most income protection policies.
Cons
You can get up to a maximum of $12,000 per month. Some brands, such as TAL and NobleOak, offer up to $30,000.
Ezicover Income Protection: A quick summary
Maximum monthly benefit amount
Up to $12,000 (your benefit period can be 1, 2 or 5 years)
Age of entry
19-60
Residency status
Australian citizen or permanent resident living in Australia.
Employment status
You're working between 20 and 60 hours per week and either employed in a permanent position, or have had a consistent income for at least 2 years if employed in a non-permanent position or self employed.
How do I apply?
Online or over the phone
What does Ezicover Income Protection cover?
Sickness and Injury Cover. You'll receive a monthly benefit of up to 70% of your pre-tax income if you are unable to work due to illness or injury. Your benefit period can be 1, 2 or 5 years.
Injury Only benefit. This provides you with a monthly benefit if you become temporarily disabled due to an injury for a longer period than your waiting period.
Additional benefits
You get 5% discount if you also have an Ezicover Life Insurance policy and a 5.7% discount if you pay your premium annually.
You can get help with your premiums during times of hardship – Ezicover offers a reducing income feature.
Your income protection premiums are generally tax deductible (this is the same with most income protection policies)
You don't need to pay premiums while you're on a claim (many insurers offer this benefit).
Who is eligible for Ezicover income protecton?
Ezicover Income Protection is designed for people who have or expect to have financial commitments that they would be unable to pay if they could not work and earn an income due to sickness or illness.
You can apply if:
You are an Australian citizen or permanent resident, living in Australia
You are between 19 and 60 years of age
You work between 20 and 60 hours per week either employed in a permanent position or have had a consistent income for at least 2 years if employed in a non-permanent position or self-employed.
Frequently asked questions
You can either apply for Ezicover income protection online or over the phone with Zurich. To qualify, you need to be aged between 19 and 60, have steady work and meet Zurich’s other eligibility criteria.
Zurich offers 3 main waiting periods: 30, 60 and 90 days. A waiting period is how much time needs to pass until you get your first payment after your illness or injury stops you from working.
With Zurich, there are 3 main benefit periods: 1, 2 and 5 years. A benefit period refers to the maximum length of time your income protection claim can be paid for. Some providers offer a longer benefit period lasting up to the age of 65 – Zurich doesn't.
Zurich caps its monthly payment at $12,000 or 70% of your salary, whichever is lower. Its monthly limit of $12,000 is competitive with most of the market. That said, providers such as NobleOak and TAL go as high as $30,000.
Anything not covered by your insurance is known as an exclusion. Zurich's policy has a range of policy exclusions including redundancy, criminal acts and sickness arising from pregnancy. It's best to read your product disclosure statement so you understand what is and isn't covered by your policy.
Gary Ross Hunter has over 6 years of expertise writing about insurance, including life, health, home, and car insurance. Having reviewed hundreds of product disclosure statements and published over 800 articles, he loves simplifying complex insurance topics for everyday readers. Gary has contributed to major outlets like Yahoo Finance, The Sydney Morning Herald, and news.com.au, and holds a Bachelor of Arts (Honours) in English Literature from the University of Glasgow, along with a Tier 2 General Advice certification, ensuring his work adheres to ASIC’s RG146 standards. See full bio
Gary Ross's expertise
Gary Ross has written 597 Finder guides across topics including:
Will i be able to claim income protection if i get corona virus or my business closes
NikkiMarch 18, 2020
Hi Vanessa,
Thanks for your comment and I hope you are well.
Yes, you will be able to claim income protection for coronavirus as there are no exclusions for epidemics or pandemics in income protection policies. According to or review, your insurer promises to pay a percentage of your typical wage if you ever become too sick or injured to work. Policies will usually payout up to 75% of your regular gross income but note that this is dependent on your provider. This goes for employed or self-employed individuals. For waiting periods, Zurich has 30 days waiting period. During this time, you won’t receive any money during the waiting period, and it won’t be backdated.
In the event of loss of job due to business closure, you can contact Zurich to ask how they handle this situation. Know that your insurance company’s response this week might not be the same way it responds next month. We have a guide on how to prepare for the possibility of unemployment.
At this point in time, it’s important to review your insurance policy’s Product Disclosure Statement and terms and conditions and contact your provider for any questions you have.
Hope this helps and feel free to reach out to us again for further assistance.
NobleOak has been offering personal insurance solutions direct to Australians for over 137 years. Discover the benefits and features available on the NobleOak Income Protection policy and make a secure enquiry for cover.
Looking for the best income protection insurance but not exactly sure where to start? Compare the Finder Awards 2024 insurance winners.
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Will i be able to claim income protection if i get corona virus or my business closes
Hi Vanessa,
Thanks for your comment and I hope you are well.
Yes, you will be able to claim income protection for coronavirus as there are no exclusions for epidemics or pandemics in income protection policies. According to or review, your insurer promises to pay a percentage of your typical wage if you ever become too sick or injured to work. Policies will usually payout up to 75% of your regular gross income but note that this is dependent on your provider. This goes for employed or self-employed individuals. For waiting periods, Zurich has 30 days waiting period. During this time, you won’t receive any money during the waiting period, and it won’t be backdated.
In the event of loss of job due to business closure, you can contact Zurich to ask how they handle this situation. Know that your insurance company’s response this week might not be the same way it responds next month. We have a guide on how to prepare for the possibility of unemployment.
At this point in time, it’s important to review your insurance policy’s Product Disclosure Statement and terms and conditions and contact your provider for any questions you have.
Hope this helps and feel free to reach out to us again for further assistance.
Best,
Nikki