Put simply, income protection insurance aims to protect your income in the event that you can’t work due to illness or injury.

For most people, their income is their most valuable asset.

In the event of a claim, the insurer will pay an amount (normally up to 75% of your gross salary in Australia) until you have recovered sufficiently to work again, or up until the maximum benefit period as stated in the policy which is normally 2 year, 5 year or up to age 70.

The cost of that peace of mind (income protection) is tax deductible.

Ask yourself what would happen if you woke up tomorrow and found you were incapable of working for an extended period of time. Do you survive without your income for an extended period of time (12 months or longer)?

If you don’t have savings how could you support your household, repay your mortgage or save for the future?

Life insurance helps to protect the life insured's family by providing a lump sum in the event of death, which could be used to meet needs such as:

• Children's education costs
• Mortgage and other loan repayments
• Enabling the life insured's business to keep running
• Meeting the family's ongoing income needs

Life insurance cover provides a lump sum to your family in the event of death or terminal illness of the life insured.

What you might not know is that you can pay your life insurance premiums out of your superannuation fund to reduce the cash flow impact of holding this important cover.

There is an old saying 'A debt should not out last the person who created it'.

Imagine leaving your family burdened with the debts you created if you died.

Insuring your own life ensures you leave adequate resources to your family and dependants.

If you get injured and can NEVER work again, how will you survive?

This is a lump sum payable to you to make sure that you don’t have bills and debts to worry about at a time where you need to focus on you. 

• Repay your home mortgage
• Meet ongoing medical needs
• Meeting the family's ongoing income needs

Total and Permanent Disablement provides a lump sum to you and your family in the event that illness or injury prevents from ever working again.

What you might not know is that you can pay your Total and Permanent Disablement premiums out of your superannuation fund to reduce the cash flow impact of holding this important cover.

Just imagine that you are unable to work again and earn an income to support your family.

You are still alive but will need ongoing medical treatment and rehabilitation for many years to come.

You may even need to modify your family home to assist with your disability.

Total and Permanent Disablement cover will provide a lump sum to assist you meeting these costs and when used in conjunction with Income Protection can provide financial security for your family and you for the rest of your days.

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.

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.

Specified events may include (which may differ from policy to policy):

We all know someone, perhaps a family member or friend, who has received treatment for cancer, suffered a stroke, heart attack or have required heart surgery. At some stage in our lives other critical illnesses or conditions can occur to us, our family or friends.

A Trauma event or Critical Illness such as these can be severely damaging, both emotionally and financially to a family.

Medical research indicates that people who have adequate financial support during a period of critical illness or injury, usually have a better chance of affecting a full and complete recovery.