Under normal circumstances, Australian income insurance is not bound for many years, nor is it mandatory to spend how much. You can choose the premium you can pay according to your own situation, goals and needs. There are many factors that affect premiums, including: sum insured, age, gender, premium structure, whether you smoke, whether you have existing health risks, etc. In addition, you can customize the monthly compensation amount, as long as it does not exceed 70% of the active tax return income. The shorter the waiting period, the more expensive the premium, and the longer the waiting period, the cheaper the premium. The shorter the benefit period, the cheaper the premium, and the longer the benefit period, the more expensive the premium.