Income protection insurance can provide a regular benefit if illness or injury stops you working, but cover varies between policies. In 2026, compare the insured percentage of your income, waiting period, benefit period, definitions of disability, exclusions, premium type and whether the policy is held personally or through super. Read the product disclosure statement carefully, as premiums, eligibility and claim decisions are set by the insurer based on your circumstances. A licensed financial adviser or insurer can explain how the cover may fit your employment, health and financial situation.