Tony is a self employed local painter. As he is self employed he has no annual leave entitlements or workers compensation and when he is unable to work he doesn’t get paid, its quite a physical role so any small ailment makes it difficult for him to work. In 2015 we recommended Tony apply for an income protection policy with TAL to ensure he has an ongoing income should something happen to him at work or on the weekend.
In late 2016 Tony suffered a heart attack and had to undergo a significant quadruple bypass operation. On learning of his health status, we immediately lodged a claim with the insurer. Within four weeks Tony was receiving more than $4,000 each month. This took a lot of stress away and allowed him to focus purely on his recovery. Tony returned to work in July 2017. The insurance is still in place should Tony suffer a relapse or any other condition affecting his ability to work.