Insurance

- What It Does
Income Protection pays up to 70% of your income in as little as 30 days and can continue until retirement age if you need it to. It helps you survive financially if sickness or injury ever stops you from working.
- Do I Need It?
If you would need help financially due to being off work for a short or long period then Income Insurance is designed to help.

- How Much Do I Need?
Your payout amount can be up to 70% of your income. Think about the minimum amount you could or would be willing to live on if you had to.

To choose a waiting period think about how quickly you’d need or like your payments to start (i.e. how long your savings, sick leave, annual leave etc would cover you for).

To choose a benefit period think about when your payments could realistically stop. Do you have Disability Insurance, investments, super, an inheritance etc that you could rely on after a certain period? If not, then you could consider getting cover till retirement age.

- Personalization Options

Payout Amount
Generally up to 70% of your income.

Waiting Period
Options range from 14 days to 2 years.

Waiting Period
How long you need to be off work before you can claim. The longer the waiting period, generally the cheaper the insurance.

Benefit Period
2 years, 5 years or up to ages 65 or 70.

Payment Options
Inside or outside super, or a mix of both.

- What It Does
Life Insurance pays out a single lump sum if you’re no longer here or are diagnosed with less than 12 months to live. It’s designed to support the people that would be negatively affected financially if you passed away (i.e. a spouse, children, a business partner etc).

- Do I Need It?
Would anyone be negatively affected financially if you were no longer here? Life Insurance is designed to make sure your loved ones aren’t left with a financial burden and can continue to survive without you.

- How Much Do I Need?
Life Insurance should cover the costs involved with surviving financially without you. This amount usually includes paying off any debts you have, providing for your spouse, getting your children through school and final costs (like funeral expenses).

- Personalisation Options
Payout Amount

Anything from $50k.

Payment Options

Inside or outside super.

- What It Does
Total and Permanent Disability (TPD) Insurance pays a lump sum that covers the costs of being forced into an early retirement due to sickness or injury. It’s usually used for medical care, to pay off debt, replace your missing income or even invested to provide an income.

- Do I Need It?
If you became disabled and could never work again, would you survive financially? Disability Insurance helps when your income stops and your expenses stay the same.

- How Much Do I Need?
Think about how much you’d need to pay off debts (such as your mortgage), medical or rehabilitation costs, home modifications, household living expenses and the savings you want in retirement.

- Personalisation Options
Payout Amount

Anything from $50k.

Payment Options

Inside or outside super.

Occupation Covered

Your own occupation or any occupation you could do.