The Australian life insurance industry must seriously rethink its approach to income protection insurance in order to see more people take up this critically important cover and ensure a vibrant and sustainable industry.
 
The white paper: Income protection and the economic cycle considers a fresh approach to the forces underlying the retail income protection sector. It puts the spotlight on the macroeconomic forces at play and explores opportunities for improved cycle management and greater control for providers.
 
The fundamental benefits of income protection remain strong. This paper builds a case to help sustain its role into the future.