Have spoken to a few insurance companies and is seems that pilots in Australia can no longer get income protection. Sounds like with the increasing costs of old policies they steering people towards cancelling existing ones too.
Seems like even getting the TPD cover is difficult, I have had a consultation with AIA and the say they don't provide pilots with TPD cover. The only cover offered is Death and Trauma cover which is only good major problems and seems like getting the payout will be difficult. I guess something to consider for anyone who has active income protection and TPD cover that I won't be available again if cancelled.