Protect one of your biggest assets - your income.

MAS Income Security pays you a weekly benefit of up to 75% of your pre-disability income if you are unable to work due to sickness or injury.

This support will continue until you are able to return to work, or until the end of your selected benefit payment period, whichever happens first. We know your work is important to you and you'll want to get back to it as soon as you can. We'll continue to support you financially during a gradual return to work.

Features of MAS Income Security Insurance


Recurrent Disability

If you suffer a relapse of the same condition within six months of returning to work and go back on claim, we'll waive your waiting period.


Premium Waiver

You have enough to take care of if you are on claim. So when we pay your weekly benefit, we'll take care of your Income Security premiums for you as well.


Hospitalisation Benefit

If you're hospitalised during the waiting period for more than three consecutive days, we can help by paying you a hospitalisation benefit.


Rehabilitation and Retraining Benefit

To help you return to work, we may provide assistance with rehabilitation and retraining costs.


Suspension of Practising Certificate

If your profession's governing body suspends your practicing certificate, a benefit may be payable.


Inflation Adjusted Benefits (while on claim)

We will automatically adjust the amount of your weekly benefit by the lesser of the percentage change in the Consumers Price Index (CPI) or 5%.


Inflation Adjusted Cover

With this option, you can increase the amount of your insured weekly benefit each year by the greater of 2% or the percentage change in the Consumers Price Index (CPI).


Suspension of Premium and Cover

If you're planning time away from work for less than 12 months, such as a sabbatical or study leave, you can suspend your Income Security premiums and cover.


Funeral Benefit

If you die while receiving a weekly benefit from your Income Security plan, we will pay an $8,000 lump sum towards your funeral costs.

Two women having a meeting

Ready to get Income Security Insurance?

Talk to a MAS adviser to get the cover that's right for you.

They can meet in person, via Skype, Microsoft Teams, or simply by phone, at a time that works for you.