Insurance

As your ability to earn an income is your greatest asset, it is important to have appropriate insurance cover in place.

The main types of personal insurance that may be considered are:

• Income Protection – a monthly benefit to replace income that has been impacted by illness or injury.
• Life – a lump sum benefit in the event of unexpected death.
• Total & Permanent Disablement (TPD) – a lump sum payment designed to provide financial assistance in the event that you become incapable of work or normal living. As the financial consequences of TPD are far more significant than premature death, this type of cover can be vital.
• Critical Illness – a lump sum payment designed to provide financial assistance in the event that you suffer a life threatening condition. While a critical event may not result in incapacity to work or permanent disablement – meaning no payment of a TPD or income protection benefit – the associated financial costs may still be significant.
• Business Expenses – a form of protection specifically designed for small business owners. In the event that you are unable to work due to illness or injury, this cover provides regular payments for a period of 12 months to meet your business’ regular operating expenses.

With our experience and access to a wide range of insurers, we can help our clients find the cover that is best for them.