What is Insurance?
Insurance is a form of protection – a way to protect yourself, your family and the things you own if something goes wrong. It enable you to replace or repair your assets, whether those assets are your belongings or your capacity to earn income. While insurance doesn’t remove the risk of something going wrong, it provides you and your family with protection and financial security if something does happen.
Everybody’s circumstances are different, but insurance is important for everybody. We customize each solution that best suites you, your lifestyle, your requirement as well as your cash flow. We also provide the best structure for Insurance whether owning insurance inside your superannuation or outside personally owned.
The different types of insurance, and we can help you find the right level of protection for your needs.
Income is one of the most valuable asset that we have which is mostly ignored when Insuring thing that are important to us, We insure our car our house thinking they are most valuable assets we have.
Have you ever wondered what will happen to your income in case you cannot work for an extended period of time due to an illness or an injury and how depended is your family on your income.
Income Protection insurance Income protection usually pays a monthly benefit of up to 75% of your regular income while you’re unable to work due to illness or injury. It helps to maintain your day-to-day living expenses during your recovery period.
Life insurance protects your family by paying a lump sum if you die. Most people think that life insurance is only for the main income earner, but the person who takes care of the family is also a Large contributor to the home and can be insured.
Life insurance helps cover, mortgage, any debts, funeral cost and replaces your income for your family in your absence.
TPD cover provides a lump sum payment if you suffer a disability before retirement and can’t work again, or can’t work in your usual occupation or chosen field of employment.
Last thing that you should worry about when faced with a lifelong disability is Money. Total and Permanent Disability insurance (TPD) is designed to help take the pressure off you financially if you suffer an illness or injury that leaves you totally and permanently disabled. The lump sum benefit paid is often used to eliminate debts, pay for medical expenses or fund permanent lifestyle changes. For example, moving to a home that is more accessible for your condition.
Trauma (or critical illness) insurance provides a cash lump sum if you suffer a specified illness or injury. Advances in medical treatment have increased the need for trauma insurance. The improved chance of survival means that although you are more likely to survive, you are also more likely to have substantial medical bills to pay.
Trauma insurance takes the pressure off worrying about finances so you can spend your time focusing on recovering. It can cover your household expenses + mortgage repayment/debts + lifestyle cost for the period for recovering from a traumatic event.
It's a great financial back-up plan for your lifestyle and gives you the confidence to seize life's possibilities knowing you've made plans to secure your future.