Life Insurance
Life Insurance protects your financial future by providing a lump sum payment on death or the diagnosis of a terminal illness. Life Insurance will enable your family or business to meet the immediate and ongoing expenses when you die, giving the surviving members financial security at a time when they are most vulnerable.
Total and Permanent Disability Insurance
TPD pays a lump sum if you suffer an illness or injury that prevents you from working again. TPD is designed to cover medical or rehabilitation costs, fund the cost of ongoing care of the insured, provide for your family, and help with lifestyle and employment changes. Depending on which definition you choose this means that the life insured either will be unable to work in their own occupation, or any occupation for which they are suited by training, education or experience. This is NOT the same as Income Protection
Trauma Insurance
Trauma Insurance (also known as Critical Illness Insurance) provides a lump sum payment in the event that the insured person is diagnosed with one of a range of specified medical conditions such as a heart attack, stroke, cancer and some major injuries regardless of whether you are able to work or not.
It is designed to cover medical and rehabilitation costs, help with lifestyle and employment changes and allow the insured to concentrate on recovering from illness or injury.
Income Protection Insurance
Income Protection Insurance helps you to meet your financial commitments by providing regular monthly benefit payments if you are unable to work due to sickness or injury. Premiums are generally tax-deductible and you can insure up to 75% of your regular income, and superannuation contributions of up to 15%. Income Protection is designed to enable the insured to continue to service debt, provide for dependants and maintain assets & investments should they be unable to work.
Business Expenses Insurance
For self-employed individuals, they have a responsibility to cover the fixed costs of the business. This cover provides a monthly benefit to pay business expenses should the business owner be unable to work due to sickness or injury. Premiums are generally tax-deductible and you can insure up to 100% of the regular fixed costs to the business.
Key Person Insurance
Key person Insurance is if your business relies on a key individual/s to drive the revenue or maintain the debts of the business, their death, disablement or trauma would have a substantial effect on profits. Key Person Insurance provides a cash injection to offset the reduction in revenue or cover the debt obligations in a business.
Business Succession (Buy/Sell) Insurance
When two or more people work together in a business, there needs to be serious consideration of the disposal of each person's share of the business in all circumstances. Buy/Sell Insurance is the most cost effective method of funding the consideration for the transfer of an asset from one person or entity to another in the case of death, temporary disablement, permanent disability, terminal illness as well as the occurrence of a major medical event
Life Insurance protects your financial future by providing a lump sum payment on death or the diagnosis of a terminal illness. Life Insurance will enable your family or business to meet the immediate and ongoing expenses when you die, giving the surviving members financial security at a time when they are most vulnerable.
Total and Permanent Disability Insurance
TPD pays a lump sum if you suffer an illness or injury that prevents you from working again. TPD is designed to cover medical or rehabilitation costs, fund the cost of ongoing care of the insured, provide for your family, and help with lifestyle and employment changes. Depending on which definition you choose this means that the life insured either will be unable to work in their own occupation, or any occupation for which they are suited by training, education or experience. This is NOT the same as Income Protection
Trauma Insurance
Trauma Insurance (also known as Critical Illness Insurance) provides a lump sum payment in the event that the insured person is diagnosed with one of a range of specified medical conditions such as a heart attack, stroke, cancer and some major injuries regardless of whether you are able to work or not.
It is designed to cover medical and rehabilitation costs, help with lifestyle and employment changes and allow the insured to concentrate on recovering from illness or injury.
Income Protection Insurance
Income Protection Insurance helps you to meet your financial commitments by providing regular monthly benefit payments if you are unable to work due to sickness or injury. Premiums are generally tax-deductible and you can insure up to 75% of your regular income, and superannuation contributions of up to 15%. Income Protection is designed to enable the insured to continue to service debt, provide for dependants and maintain assets & investments should they be unable to work.
Business Expenses Insurance
For self-employed individuals, they have a responsibility to cover the fixed costs of the business. This cover provides a monthly benefit to pay business expenses should the business owner be unable to work due to sickness or injury. Premiums are generally tax-deductible and you can insure up to 100% of the regular fixed costs to the business.
Key Person Insurance
Key person Insurance is if your business relies on a key individual/s to drive the revenue or maintain the debts of the business, their death, disablement or trauma would have a substantial effect on profits. Key Person Insurance provides a cash injection to offset the reduction in revenue or cover the debt obligations in a business.
Business Succession (Buy/Sell) Insurance
When two or more people work together in a business, there needs to be serious consideration of the disposal of each person's share of the business in all circumstances. Buy/Sell Insurance is the most cost effective method of funding the consideration for the transfer of an asset from one person or entity to another in the case of death, temporary disablement, permanent disability, terminal illness as well as the occurrence of a major medical event
