Wealth Protection

Wealth Protection provides financial relief in the event of:

• Death – provides a lump sum payment to your beneficiaries or estate upon death or terminal illness.

• Disablement – a debilitating illness or injury can strike anytime.  Disability insurance protects the insured and the insured’s family and the employer, joint shareholders or staff, in the event that income can no longer be derived as a result of an inability to continue to work. This is paid in the form of a lump sum payment.

• Trauma – this is relatively new.  It is designed to provide capital to the insured on diagnosis of a specific traumatic health condition (from a list defined in the policy and which could include such things as heart attack, cancer, and stroke). The money paid out on diagnosis is helpful in many ways.  Provides piece of mind to the insured that their family will not suffer financially because of the trauma they face and also that they will be able to afford the extraordinary medical care they need.

• Sickness or injury which may prevent you from earning an income – Known as Salary Continuance or Income Protection, it is a long term contract for an Income payment.

  • The benefit is usually limited to a maximum of 75 % earned income

  • Waiting periods of 14 days to 2 years are available

  • Once commenced, and depending on the policy, the claim benefits would continue to be paid until the insured recovers from a condition

  • Benefit levels on partial disablement will be reduced if insured is able to the short hours or light work

  • There are numerous features and benefits you can choose, including return to work clauses, guaranteed minimum benefits, policy exclusions, guaranteed renewable and unemployment clauses.

We can help you maintain your current lifestyle by providing money to help repay the mortgage and other debts, help cover basic living expenses and help pay for childcare and education.

As an affiliated Life Broker, we have the ability to source the best possible cover against loss of income, death, trauma and disablement for individuals and businesses.

 

HAVE YOU HAD A SERIOUS ILLNESS AND CAN’T GET LIFE INSURANCE?

We are able to source life insurance for people with a history of cancer, heart disease, stroke, diabetes, multiple sclerosis and most other serious conditions.

 

We are committed to working with you to attentively identify your specific needs and provide the most appropriate risk control and insurance management solution. To learn more about how we can assist with your financial planning requirements, please don't hesitate to contact us.