Income Insurance Australia :: Calculators

Income Insurance Australia Financial Calculators

Welcome to Income Insurance Australia, where we're excited to offer you these interactive calculators to empower you on your financial journey.

Available Calculators

Life Insurance Calculator
Estimate your life insurance needs with our Life Insurance Calculator. Work out the right level of cover to protect your family and secure their financial future.
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.

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


Life Insurance Articles

Income Protection vs. Life Insurance: Why You Need Both
Income Protection vs. Life Insurance: Why You Need Both
Insurance plays a crucial role in safeguarding our financial future. It serves as a safety net, ensuring that we can manage unexpected events without severely impacting our financial stability. For Australian adults, having the right types of insurance coverage is essential for peace of mind and financial security. - read more
Breaking Down Common Income Protection Insurance Terms
Breaking Down Common Income Protection Insurance Terms
Income protection insurance is designed to provide financial support if you're unable to work due to illness or injury. It aims to replace a portion of your income during such times, ensuring you can maintain your lifestyle and meet financial obligations. - read more
Income Protection Insurance vs. Total Permanent Disability: What’s the Difference?
Income Protection Insurance vs. Total Permanent Disability: What’s the Difference?
When life throws unexpected challenges your way, being financially prepared can make all the difference. This is where Income Protection Insurance and Total Permanent Disability (TPD) Insurance come into play. These two types of insurance provide a crucial safety net, ensuring that you and your family remain financially stable even when you're unable to work due to illness or injury. - read more
Comparing Income Protection Policies: What Australians Should Look For
Comparing Income Protection Policies: What Australians Should Look For
Income protection insurance serves as a financial safety net for countless Australians, offering a replacement income when unforeseen circumstances such as illness or injury impede their ability to earn. For the self-employed and entrepreneurs who may not have the safety nets offered by corporate employment, such protection is particularly important. - read more
How to Determine the Right Income Protection Coverage for Your Needs
How to Determine the Right Income Protection Coverage for Your Needs
Income protection insurance is a type of coverage designed to replace a portion of your income if you're unable to work due to illness or injury. - read more

Insurance News

Surging Insurance Costs Pose Challenges for Australian Retirees
Surging Insurance Costs Pose Challenges for Australian Retirees
08 Apr 2026: Paige Estritori
Recent reports indicate a significant increase in insurance premiums across Australia, with some policies experiencing hikes of up to 18%. This surge is placing considerable financial pressure on retirees, many of whom are on fixed incomes and find it challenging to accommodate these rising costs. - read more
Australian Insurers Tackle Premium Affordability Challenges in 2026
Australian Insurers Tackle Premium Affordability Challenges in 2026
31 Mar 2026: Paige Estritori
In 2026, Australian insurers are prioritizing premium affordability and insurability as they confront escalating claims costs, climate-related losses, and technology-enabled fraud. According to Gallagher Bassett's 2026 global claims study, these factors are significantly influencing pricing, underwriting, and capital allocation decisions. - read more
Australian Life Insurers Achieve Significant Underwriting Gains in Q4 2025
Australian Life Insurers Achieve Significant Underwriting Gains in Q4 2025
23 Mar 2026: Paige Estritori
The Australian life insurance sector has reported a substantial underwriting gain of $279 million for the December quarter of 2025, a significant improvement from the $36 million recorded in the same period the previous year. This data, released by the Australian Prudential Regulation Authority (APRA), highlights a notable turnaround in the industry's financial performance. - read more
Record Profits for Australian General Insurers in 2024
Record Profits for Australian General Insurers in 2024
23 Mar 2026: Paige Estritori
Australia's general insurance industry has reported an unprecedented after-tax profit of $6.1 billion for the year 2024, marking a significant milestone in the sector's financial performance. This figure is three times higher than the five-year average of $2 billion, according to KPMG's General Insurance Insights report. - read more
IAG Achieves 33% Increase in Insurance Profit Amid Lower Claims
IAG Achieves 33% Increase in Insurance Profit Amid Lower Claims
23 Mar 2026: Paige Estritori
Insurance Australia Group (IAG), the country's largest insurer, has reported a 33% increase in its full-year insurance profit, reaching A$606 million for the 12 months ending June 2025. This significant growth is attributed to a combination of reduced claims expenses and strategic premium adjustments. - read more

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