PERSONAL & BUSINESS RISK INSURANCE
Most families and businesses are carrying significant financial risk should the unexpected happen.
The big question you must ask yourself is:
"Would your family be able to maintain their lifestyle if you no longer earned an income?’
And, if you own a business:
‘Would your business be able to buy a departing owner’s share of the business if they died or suffered a serious illness or injury?’
‘Would your business be able to cover the loss of revenue and goodwill, and re-pay the debts of the business, if an owner or other key person died or suffered a serious illness or injury?’
If your answer to these questions is no, you need to consider transferring that financial risk to life insurance companies. They have a range of insurances which can help you fund your risk mitigation plan and give you enormous peace of mind – all for a small fraction of the sum insured each year.
Personal Risk Insurance
Personal Risk Insurance helps secure your family's financial future in case of death or loss of income. It considers living expenses, debt repayment, special expenses, and aspirations. It can also cover the cost of hospitalisation, surgery, medicine, and rehabilitation. We help you calculate the money needed to fund your vision and research insurance companies to find cost-effective solutions that provide the right level of protection.
Insurance Types
Income Replacement Insurance
Provides a replacement income stream if an accident or illness prevents the ability to work.
Life Insurance
Provides a lump sum in the event of death to cover debt andmaintain living standards of remaining family.
Total and Permanent Disablement Insurance
Provides a lump sum to cover debt and assist with costs of disablement.
Trauma Insurance
Provides a lump sum on diagnosis of a critical illness to assist with medical and rehabilitation costs.
Child Trauma Insurance
Pays a lump sum if a child suffers a specific eligible medical condition or passes away.
Business Insurance
We take time to understand you and your business and help create a risk insurance plan for financial security. We research reputable insurance companies to find cost-effective products that provide the right level of protection.
Business Risk Insurace
Services worth considering
BUY/SELL INSURANCE
pays your business a lump sum if you or one of your partners dies or suffers a serious illness or injury.
KEY PERSON INSURANCE
Pays your business a sum of money to offset the estimated financial loss to the business should an owner or other key person die or suffer a serious illness or injury.
BUSINESS EXPENSE INSURANCE
pays some of your business’ expenses if you are unable to work due to illness or injury. Expenses are generally covered for up to 12 months and typically include rent, loan repayments, leasing costs, and utility costs.pays some of your business’ expenses if you are unable to work due to illness or injury. Expenses are generally covered for up to 12 months and typically include rent, loan repayments, leasing costs, and utility costs.