Severance
The latest Victorian round of certified agreements allow Kone and Otis employees to choose where they direct their severance / redundancy payments for the first time, and many have already chosen to ensure the security of their entitlements by notifying their employer they wish to switch to Protect, joining with 50,000 others in Australia's top industry severance scheme.
The one Protect account has been been structured to meet the rules of the ATO and to give you the opportunity to both:
- access your account in the widest range of circumstances possible
- access the greatest redundancy benefits possible, including the opportunity for tax-free or significantly reduced tax redundancy payments.
Income protection
Injury & Illness insurance is also new to a number of Lift workers who previously relied on a generous sick leave allowance. Workers in the industry now have cover for non-work related injury or illness that's global, 24 hours a day, 7 days a week. Protect offers the security of income support for two years, and there is no need to exhaust all of your leave before claiming on your insurance.
Additionally, there are generous lump sum payments, cover for amateur sports injuries, serious trauma, broken bones and transport accident or workplace injury top up benefits. The Protect accidental dental injury cover is provided to members and their immediate family.
Free counselling
All members of Protect and their immediate family are eligible for free counselling services. Protect Counselling is an external service sometimes preferred for the independence that ensures total privacy. It's separate from the employer, the union and the insurer.
We partner with Hunterlink to provide a free professional confidential service Australia wide 24 hours a day, 7 days a week. Protect are provided basic non-identifying statistics on the use of the service including number of calls, age range and industry.
Call the dedicated counselling phone number:
1300 725 881
Members may also access downloadable resources from the online counselling portal including information on dealing with workplace change and conflict, to family relationships and mental health.
Password: Protect