Personal and Business Insurance
In an unpredictable world, we all know we need to safeguard what matters to us. With our extensive experience as financial planners, we have worked with many different insurance companies, whether for applications or claims, so we know who is best at what—giving us the unique ability to help you find insurance that suits your needs and objectives perfectly. Giving you peace of mind, knowing you and your loved ones will always be secure.
Life / Death Insurance
Financial Protection.
Life / Death insurance will provide a lump-sum payment to your beneficiaries in the event of your passing.
Income Replacement.
This insurance can replace your income, ensuring your loved ones can maintain their current standard of living.
Mortgage and Debt Protection.
It can help cover payout, or down, debts like mortgages, loans, and credit cards, preventing you from passing the burdens on,
Customisable Coverage.
You can adjust the coverage amount and term that best suits your needs.
Peace of Mind.
Having Life / Death insurance will give you peace of mind, knowing that your loved ones will be financially protected in the event of your passing.
Total and Permanent Disability Insurance
Financial Protection
TPD insurance provides a lump-sum payment if you become totally and permanently disabled due to an illness or injury. This financial support helps cover medical expenses and lifestyle adjustments.
Coverage for Disabilities
TPD insurance covers a range of disabilities that prevent you from working or performing everyday tasks. It’s not limited to just work-related injuries.
Permanent Disability
To qualify for a TPD benefit, the disability must be permanent, meaning it’s expected to last for the rest of your life.
Versatile Use
The payout can cover medical bills, rehabilitation costs, modifications to your home or vehicle, and other expenses arising from your disability.
Income Replacement
TPD insurance can help replace lost income, ensuring you can maintain your standard of living and meet financial obligations.
Customisable Policies
TPD policies can be tailored to your specific needs, allowing you to choose the coverage amount and options that suit your circumstances.
Peace of Mind
TPD insurance offers peace of mind, knowing that you and your family are financially protected if a permanent disability disrupts your life and career.
Trauma / Critical Illness Insurance
Financial Protection
Trauma or Critical Illness Insurance provides a lump-sum payment upon diagnosis of a covered critical illness or medical condition, offering crucial financial support during challenging times.
Coverage for Critical Illness
This insurance covers a range of critical illnesses, such as cancer, heart disease, stroke, and more, as defined by the policy.
Non-Permanent Disabilities
Unlike total and permanent disability (TPD) insurance, trauma insurance is designed to cover temporary or severe medical conditions that may not be permanent but can significantly impact one’s life.
Versatile Use
The payout can cover medical bills, alternative treatments, travel for specialised care, or any other expenses that may arise due to the critical illness.
Income Protection
Trauma insurance can help replace lost income if you cannot work during your recovery, ensuring you can maintain your financial stability.
Customisable Policies
Trauma insurance policies can be customised to your needs, allowing you to select the coverage amount and options that align with your circumstances.
Peace of Mind
Having Trauma or Critical Illness Insurance offers peace of mind, knowing that you have a financial safety net in place if you are diagnosed with a critical illness, allowing you to focus on your recovery.
Child Trauma / Critical Illness Insurance
Financial Protection for Children
Child trauma or critical illness insurance provides a lump-sum payment upon diagnosis of a covered critical illness or medical condition in a child. This ensures financial support to cover medical expenses and related costs during a difficult time.
Coverage for Childhood Illnesses
This insurance typically covers a range of critical illnesses or medical conditions that can affect children, such as cancer, heart conditions, and other specified diseases.
Non-Permanent Disabilities in Children
Similar to trauma or critical illness insurance for adults, child-specific policies are designed to cover temporary or severe medical conditions that may not be permanent but can significantly impact a child’s life.
Versatile Use
The payout can cover medical bills, specialised treatments, travel for medical care, and other related expenses that may arise due to the child’s critical illness.
Support for Parents
Child trauma or critical illness insurance also provides financial support to parents or guardians, helping them focus on their child’s recovery without the added burden of excessive medical bills and expenses.
Customisable Policies
Policies can often be customised to suit the child’s and family’s needs, allowing for flexibility in selecting coverage amounts and options.
Peace of Mind
Having Child Trauma or Critical Illness Insurance offers peace of mind to parents, knowing that they have a financial safety net in place to support their child’s medical needs in case of a critical illness diagnosis.
Income Protection Insurance
Financial Security
Income Protection Insurance is designed to provide financial security by replacing a portion of your income if you cannot work due to illness or injury.
Temporary Disability Coverage
It offers coverage for temporary disabilities that may prevent you from working, ensuring you continue receiving a steady income stream during your recovery.
Versatile Use
The benefits from Income Protection Insurance can be used to cover everyday living expenses, such as mortgage or rent payments, groceries, and bills, allowing you to maintain your lifestyle even when unable to work.
Customisable Policies
These policies can be tailored to your specific needs, allowing you to choose the waiting period, benefit period, and coverage amount that best suits your circumstances.
Various Occupations
Income Protection Insurance is available for various occupations, making it accessible to individuals in different industries and professions.
Peace of Mind
Income protection insurance offers peace of mind, knowing that your financial stability is protected even when you can’t earn your regular income.
Waiting Periods, Benefit Periods, and Definitions:
Policies may have to wait periods before benefits kick in, the benefit period, how long it will be paid, and specific definitions of what qualifies as a disability, so it’s essential to understand the terms and conditions of your policy.
Tax Benefits
The premiums for Income Protection Insurance may be tax-deductible, offering potential tax benefits.
Buy/Sell Insurance
Business Continuity
Buy-sell insurance, a buyout agreement, or a business continuation agreement is crucial for owners. It ensures a smooth ownership transition in case of a business partner’s death, disability, or departure.
Funding the Buyout
In a buy/sell agreement, the insurance funds the remaining business owners to purchase the departing owner’s share. This helps maintain business operations and financial stability.
Valuation of Business
The agreement typically outlines the business’s predetermined price or valuation method, ensuring a fair and agreed-upon value for the departing owner’s share.
Customisable Terms
Buy/sell insurance agreements can be customised to meet business owners’ specific needs and preferences, considering the business’s unique circumstances.
Protection for Heirs
Buy/Sell insurance provides a solution for heirs or beneficiaries of a deceased business owner, ensuring they receive fair compensation for their loved one’s share of the business.
Financing the Buyout
The insurance policy often includes provisions for the remaining owners to secure the necessary funds to buy out the departing owner’s share, preventing financial strain on the business.
Legal Framework
Buy/sell agreements are legally binding contracts establishing the terms and conditions of ownership transition, offering clarity and protection for all parties involved.
Business Stability
These agreements promote business stability and continuity by providing a clear plan for how the business will continue to operate in the face of unexpected events.
