Canopy Income Protection (Brokerage)
by WIP Group
Commercial Insurance
AUD 500 /year
AUD 20K
All States
Yes
- Accident and Sickness
- insurance brokers
- financial advisors
- accountants
Product Overview
Canopy Income Protection (Brokerage) by WIP Group is built for Aussies who want to keep their income safe if life throws a curveball. This cover helps protect your pay if illness or injury stops you from working, so you can focus on getting back on your feet without worrying about the bills.
About Canopy Income Protection (Brokerage) by WIP Group
This policy pays a monthly benefit between AUD500 and AUD20,000 if you can’t work due to accident or sickness. There’s no excess, and it’s available right across Australia, making it a solid choice for clients in any state. The product is only available through authorised brokers, so you’ll need a contract with the company to get started.
Canopy Income Protection (Brokerage) comes with flexible options and expert support, so you can tailor cover to suit each client’s needs. If you want to learn more about the policy, you can access the fact sheet linked on this page or reach out to the company via the ‘Contact Underwriter for Quote’ function.
Canopy Income Protection (Brokerage) by WIP Group FAQs
Is income protection insurance really worth it?
Income protection insurance can help cover your living costs if you’re unable to work due to illness or injury. For many Aussies, it’s a way to keep the bills paid and avoid dipping into savings during tough times. WIP Group’s Canopy Income Protection (Brokerage) offers this safety net, so clients can focus on recovery instead of money worries.
What income protection does not cover in Australia?
Most income protection policies in Australia do not cover pre-existing medical conditions, injuries from risky or illegal activities, self-inflicted injuries, or unemployment due to redundancy.
WIP Group also follows these standard exclusions, so it’s important to check the policy details before signing up.
What illnesses are covered by income protection policies?
Income protection usually covers a wide range of illnesses that might stop you from working, such as cancer, heart disease, mental health conditions, and musculoskeletal injuries.
Who can apply for Canopy Income Protection (Brokerage) by WIP Group?
Canopy Income Protection (Brokerage) is available to working professionals across Australia. The product is offered through insurance brokers who have a contract with the provider. This ensures clients receive expert advice and tailored cover for their needs. Brokers can also use the ‘Quote and Bind Platform’ link provided in the page to get a quote from the company.
Are there optional extras available with Canopy Income Protection (Brokerage)?
Optional extras may be available with this policy, allowing you to tailor cover to suit each client. These can include family support benefits, rehabilitation services, and indexation to keep benefits in line with inflation.
For more details about these options, check the product factsheet or ask for more information from the company by submitting an enquiry via the ‘Contact Underwriter for Quote’ section on the page.
What line of business does Canopy Income Protection (Brokerage) belong to?
Canopy Income Protection (Brokerage) is part of the commercial insurance line. To learn more about commercial insurance and how it can support your clients, visit the Commercial Insurance category page.
Accident and health
Complete and up to date listings are our highest priority. Our full-time research team keeps our listings accurate and up to date but sometimes changes happen that we haven’t spotted yet. If you see something out of date, click here to open your email client and send us a message!