Personal Insurance

Wherever you are along the path of life, we can offer insurance strategies to help protect you, your family and your lifestyle.

It’s not a nice thought, but it’s important to consider what would happen if your family’s main income earner passed away, suffered a critical illness or was permanently unable to work due to an illness or injury.
 


Life Insurance

Life Insurance will pay a pre-determined lump sum if you are to pass away or be terminally ill with less than 12 months to live.

The grieving process can never be eliminated but a comprehensive Life insurance strategy can assist with the financial burdens and future direction.

Implement a strategy to provide for:

  • Debt repayment
  • Future earnings
  • Child education
  • Relocation
     


Critical Illness/Trauma Insurance

Trauma Cover is also know as Critical Illness cover and pays a lump sum benefit if the life insured suffers one of the defined Critical Illness events, after surviving 14 days. Sometimes seemingly healthy people are diagnosed with illnesses they have little chance of preventing – like cancer. Critical Illness benefits are paid regardless of the life insured’s ability to work. The funds can be used for any purpose the Policy Owner chooses, whether for the reduction of debts, to seek specialist or alternative medical treatment, or make lifestyle changes (such as reducing working hours).

Major illnesses which are covered under Critical Illness policies generally include (but are not limited to):
 

  • Cancer
  • Stroke
  • Heart conditions.

What would happen if you were to experience a trauma condition, unable to work and mounting specialist bills? A lump sum can alleviate the financial stresses, and allow you and your family to concentrate on the recovery process.

 

Income Protection

Your ability to earn an income is your biggest asset. Consider your own financial situation if you were unable to return to the work place either short or long term.
For a young single person with no dependents who doesn’t need to consider the costs that might affect their family should he or she die, income protection (IP) or critical illness insurance could be the most relevant type of life insurance. They are designed for when it’s more important to meet the costs of ‘living’ than ensuring family members receive a payout after your death.

Receive up to 75% of your annual income if you are unable to work due to an illness or injury.

 

Total and Permanent Disablement Insurance

Have you ever thought what would happen to you if you became permanently and totally disabled? Would you be able to meet your financial and family commitments and maintain the quality of life you and your loved ones currently enjoy?
If something tragic such as permanent and total disablement occurs to you the cost of living does not disappear and in fact would most likely increase as a result of having to pay for expensive rehabilitation treatment and other necessities that have resulted from your injury. In the event that you do become totally and permanently disabled a total and permanent disability insurance cover will ensure that you are paid out a lump sum of money in line with your TPD policy.

Total and Permanent Disability (TPD) Cover, pays a lump sum to you in the event you can not return to work due to a total and permanent disablement. This lump sum can be used to:

  • Repay your home mortgage
  • Meet ongoing medical needs
  • Meeting the family's ongoing income needs