How Does Income Protection Work For Part-Time Or

Casual Employment?


Being a part-time or casual employee is great for those who need a more flexible work-life due to outside obligations, such as family, school, or university.  Most casual employees also see their main benefit as having relatively higher pay than a full-time employee. If you want to learn more about the casual and part-time employment, visit here.

However, one of the disadvantages of casual or part-time work is job security – you won’t get the same benefits as a full-time employee, such as the same or any amount of sick leave, annual leave, and personal leave. Casual employees are also not entitled to certain types of worker’s compensation.

Due to this, many part-time or casual employees often look to other options, in order to protect themselves if something were to happen to their income, such as suffering from an injury and illness.


Income Protection Insurance

Income protection insurance provides you with a secure income if you ever lose your ability to work, and therefore your income due to an injury or illness. Depending on your policy, you will receive a certain percentage of your income for a specified amount of time.

You can then use this money to pay for your everyday expenses and medical bills. By having income protection insurance, you can focus on your recovery instead of worrying about the finances.

Do keep in mind that your income protection policy does not cover the loss of your employment for any reason, including economic disruption caused by COVID-19.


Income protection insurance provides you with a secure income if you ever lose your ability to work, due to an injury or illness. Credit: Unsplash


How Does Income Protection Insurance Work For Part-Time Or Casual Employment?

Purchasing and claiming income protection, if you are a full-time employee, is more straightforward than it is for a casual employee. Full-time workers have a consistent income throughout the year, but this isn’t always the case with part-time or casual workers.

For any part-time or casual employees, there are a few more criteria to meet when it comes to income protection insurance.

Some insurers place conditions on accepting part-time or casual employees, such as:

  • Minimum hours worked in a week – most policies will require you to work at least 20 hours a week to qualify for income protection cover.
  • Age restrictions – the maximum entry age for the cover is 59 years.

Some employers are often confused about the cost of income protection insurance for casual employees. However, the cost of insurance for both full-time and casual employees is relatively the same – although insurance is influenced by a range of factors such as gender, age, type of occupation, habits like smoking and drinking, and chronic diseases.


Best Income Protection Insurance in Australia

There are many income protection insurance providers throughout Australia, and each of them has their own unique income protection policies. Most providers will pay up to 75% of your income. However, the best providers, such as Aspect Underwriting, pay up to 85% of your income.

Aspect Underwriting also offers income protection insurance to casual and part-time employees, without restrictions on working hours.

Casual employees should always have income protection insurance as they have fewer benefits and income, than full-timers. If you are a casual or part-time employee and you are yet to purchase income protection insurance, visit the Aspect Underwriting website now to get your customised income protection quote online. and secure your income for the future.

With Aspect Underwriting, you won’t have to visit their office, and have a meeting, they will allow you to buy income protection insurance online in a fast and easy way.

Mike Wallis

Mike has over 25 years experience, having spent his first seven years working as a Broker at Jardine Lloyd Thomson in Melbourne and in 2002 was transferred to JLT’s Accident and Health Department in London. For four years (2002 – 2005) Mike was a specialist A&H Lloyd’s Broker and during this time developed excellent relationships with the Lloyd’s A&H underwriting fraternity. In 2006 he returned to Australia in a senior broking position with overall responsibility for Placement Strategy, including the implementation of underwriting facilities and the various authorities granted by Lloyd’s. Mike was the underwriter at two specialist Underwriting Agencies prior to founding Aspect Underwriting in 2016.