Life Insurance Awards 2025: Best-Value Direct Income Protection Insurance – Light Blue Collar

HCF has been named Money's Best-Value Direct Income Protection Insurance - Light Blue Collar as part of the 2025 Life Insurance Awards.

• Find out more about the inaugural Life Insurance Awards.
• Order your copy of the April awards issue.
• Check out more winners.

Having income protection insurance doesn't just let people focus on their physical recovery, it can also prevent household finances unravelling during a stressful time.

HCF's Income Protect Insurance pays up to 70% of your average monthly income (up to $7500 a month) for up to 12 months if you're unable to work for more than 30 days due to illness or injury.

Unlike many other types of personal insurance, the premiums for income insurance can be claimed on tax, which helps to reduce the cost.

"Blue collar workers often rely on their physical ability to work, making income protection essential if an injury or illness prevents them from earning a living," says Eoin Reville, HCF general manager, life.

"Many of these roles involve physically demanding work and hazardous environments, increasing the likelihood of injury and time off work," he says.

"With rising household expenses, losing income, even temporarily, can have a major financial impact on individuals and families. Income protection helps provide stability during tough times."

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