I know it’s unpleasant to think about what would happen if you were injured, fell ill or died? It’s a far more common problem then you may realize. Have you considered whether your family would be protected? Could you get by financially if you were no longer able to work either for an extended period of time or permanently? And what it you died?
Wealth protection is an essential part of every financial plan. Without income, trauma, life or total & permanent disability (TPD) insurance, the wealth you’ve built up can rapidly erode as a result of an accident or illness.
As your Risk Specialist, we will assess your personal situation and recommend policies that suit your needs. We can also review your current policies to ensure they continue to provide an adequate level of cover. This is particularly important if your financial situation changes and extended coverage is needed for additional family members. You’ll find information on various insurance types on this page, so you can get an idea if it’s what you might need.
You can count on us in all emergencies, starting with…
Claims Management Service
The last thing on your mind if you are hospitalised, is the completion of complicated insurance claims paperwork.
With our service you DO NOT NEED to worry, our Claims Management Service provides you with a 24/7 contact number. After you contact us, we will visit you in hospital or at home and arrange the claim documentation.
You simply need to sign! We will then follow up all medical, financial and insurance reports. This service allows you to relax and concentrate on getting better, without the worry of filling out difficult claims paperwork.
Imagine leaving your family burdened with the debts you created if you died. Insuring your own life means you leave adequate resources to your family and dependants. You might be surprised how little that peace of mind costs.
Life Insurance pays a lump sum on your death or the diagnosis of a terminal illness which means, if/when the worst happens you may be able to pay off your mortgage and other debts, provide for your children’s education, obtain care, and secure your family lifestyle. This insurance will give you options. It will allow you to focus on supporting each other emotionally, without worrying about paying bills. We can recommend a policy that is right for you.
Trauma Insurance (Critical Illness Insurance)
Trauma insurance can provide a lump sum payment should you suffer from a number of medical conditions such as cancer, stroke, heart attack and coronary artery (bypass) surgery. This lump payment will give you choices and flexibility at a time when you most need it. Your Trauma insurance can be used to take care of all your bills so you’re free to recover and get on with your life or pay for a long held dream. Your lump sum is paid on diagnosis of the covered illness.
Income Protection Insurance
For most people, their income is their most valuable asset. It’s essential to protect your primary source of income, for maintaining and building your wealth and maintaining your lifestyle.
Income protection pays up to 75% of your gross income if you’re unable to work due to sickness or injury. That means if you could not work for an extended period of time due to accident or illness, up to 75% of your salary would usually be paid for up to age 65 depending on the terms of your contract.
Total & Permanent Disability (TPD) Insurance
If you became completely and permanently disabled, i.e. you are unable to work for the remainder of your life, it is likely that you’ll face a range of financial pressures. For example, in addition to your loss of income, you may well be burdened by expensive medical and rehabilitation costs.
TPD Insurance will provide you with a lump sum payment which will help alleviate these financial pressures. TPD Insurance pays a lump sum benefit to help alleviate financial pressures brought on by your inability to work due to a permanent disability.
Suffering a disability would be tragic enough, but how would you feel if your family was left with the additional pressure of struggling to make ends meet? Having the appropriate level of insurance coverage is essential for you to be able to pay for all your existing and additional expenses. For peace of mind, we will advise you on the level of cover that is appropriate for your circumstances.
Disclaimer: The information (including taxation) on this site is general in nature, for Australian residents only and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider a Product Disclosure Statement.