Whether you’re analysing samples, putting in some hard yards on a prospect site, or making strategic drilling decisions, petroleum engineering is an exciting and satisfying career. It’s full of technical and creative challenges—and, of course, financial rewards.

But there’s a lot more to being a successful petroleum engineer than a degree and a bit of work experience. To get on with the job and really enjoy what you do, you need peace of mind.

That’s where income protection insurance comes in.

What Do I Need to Know?

As the name suggests, income protection insurance is an insurance product that keeps your well-earned high-income stream safe. Even if you’re no longer able to perform your full range of duties. No matter what stage of your career you’re at, an income protection insurance policy can provide value, comfort and security.

Income protection insurance is quoted, arranged and billed just like any other type of insurance. In fact, it’s so straightforward, that you could be ensured within 30 minutes. 

When Can I Claim?

An income protection insurance policy will cover you if you’re injured or ill. Your policy can be tailored to your needs and expectations, so you get the exact level of coverage you need, without paying for unnecessary extras.

Many petroleum engineers are understandably concerned about job security. Low oil prices, fewer new wells, and worldwide redundancies are contributing to the tension. The good news is that most policies will cover you if you’re made redundant by your employer or primary client. 

Why Should I Get Income Protection Insurance?

Taking out a policy is a great idea not just for you, but for the security of your family. 

With an income stream provided under your policy, you’ll have peace of mind that your mortgage, bills and expenses will all be taken care of. The claims process is clear, simple and hassle-free; forget going through mountains of paperwork.

The best part is, you can get coverage for up to 85% of your current income for just a couple of dollars a day. Don’t put your hard-earned financial security in jeopardy; get a quote today.

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