Suncorp Income Protection Insurance Review
By Peta Taylor
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- Maximum % of income Covered
- 75%
- Maximum Monthly Benefit
- $10,000
- Maximum Entry Age
- 60
- Maximum Benefit Period
- 5 years
Summary
Suncorp has been Highly Commended in the 2025 Finder Income Protection Awards. Read on for details about why.
Purchase a new Suncorp Income Protection policy and save $100 on your first year.
T&Cs apply.
Pros
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Suncorp was Highly Commended in the 2025 Finder Income Protection Awards because it has good coverage limits and remains cheaper than others.
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It has a decent finder score of 8.8.
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It can cover up to 75% of your monthly income, which is higher than some others.
Cons
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It covers you for up to $10,000 monthly - lower than some other providers.
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Death cover is not included like it is with some other providers.
Details
Product details
| Maximum Monthly Benefit | $10,000 |
| Maximum % of income covered | Up to 75% |
| Maximum Benefit Period | 5 years |
| Expiry Age | 65 |
| Maximum Entry Age | 60 |
| Waiting Period Options | 14, 28, 60 or 90 days |
| Death Cover | |
| Underwriter | TAL Life Limited |
Suncorp Bank scored in the Finder Awards
The Suncorp Bank Income Protection was highly commended for Best Income Protection in the 2026 Finder Awards.
Full list of 2026 winnersDetailed overview of Suncorp income protection
What you're covered for
| Feature | Definition | Suncorp's coverage |
|---|---|---|
| Maximum monthly benefit | This is the maximum dollar amount that Suncorp is willing to cover you for. | $10,000 |
| Percentage of income covered | This is the maximum percentage of your income that Suncorp is willing to cover you for. | 75% |
| Maximum benefit period | This is the maximum length of time that Suncorp will pay your benefit for. | 6 months, 1, 2 or 5 years |
| Expiry age | This is the age when your policy will expire. | 65 |
| Max entry age | This is the oldest you can be when you take out a policy. | 60 |
| Waiting period options | This is how long until your policy begins paying out. | 14, 28, 60 or 90 days |
Frequently asked questions
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