Insurance For Trades Income Protection Insurance Calculator

Find out how much monthly disability income protection insurance you qualify for. Use our calculator to estimate cover levels tailored to your income and needs.

Simply enter your personal gross income in the space below, select the frequency that you receive your current income and press [calculate] to determine the amount of cover you qualify for.

* Notes:

Most insurers limit the amount of income insurance that you can buy to 75% of your gross income.
If you are self-employed or operate your own business you may qualify for additional cover and benefits.
Your Gross Income figure should represent only your income from personal exertion, not investment income.
This calculator is provided as a rough guide only. You should seek professional advice from a licensed income insurance specialist before making decisions relating to something as important as income protection insurance!

Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers or lenders after you submit an enquiry.

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Trades Insurance Articles

Why Tradies Need Tailored Insurance Coverage: A Comprehensive Guide

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Insurance News

QBE Exceeds Profit Expectations with Strong Premium Growth

12 Oct 2025: Paige Estritori

Australian insurer QBE has reported a significant increase in net profit for the first half of fiscal 2025, reaching $997 million. This figure surpasses both the previous year's profit of $777 million and market estimates of $839.39 million. The impressive performance is attributed to robust premium growth in North America and international markets, coupled with lower-than-expected claims. - read more

Suncorp's Profit Rises by 8%, Plans A$400 Million Share Buyback

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Suncorp, a leading Australian insurer, has reported an 8% increase in full-year cash earnings, reaching A$1.49 billion for the year ending June 30. This performance surpasses analyst expectations of A$1.47 billion and is attributed to improved underlying insurance margins and a 16% increase in net investment returns, totaling A$766 million. - read more

IAG's Profits Surge by 91% as Premiums Continue to Rise

04 Oct 2025: Paige Estritori

Insurance Australia Group (IAG) has reported a significant 91% increase in net profit for the first half of the fiscal year, reaching $778 million. This substantial growth is attributed to favourable weather conditions and strategic business operations. Despite a general easing of inflationary pressures, IAG's CEO, Nick Hawkins, has indicated that insurance premiums are expected to continue rising, albeit at a slower pace. - read more

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Dictionary

Trauma Insurance

noun

An insurance that pays a lump-sum amount on the diagnosis of one of several critical illnesses or events

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