Through our affiliate insurance group, we can provide clients with quotes on a full range of business insurances:

• Business
• Office Contents
• Professional Indemnity
• Public
• Director and Officers
• Business Interruption
• Commercial Strata Title
• Motor Vehicle – Commercial and Fleet
• Industrial
• Income Protection
• Term Life Cover
• Trauma Cover

Income Protection

The average Australian worker will earn over $2 million in their 40-year working life. With these facts in mind have you ever considered what would happen to you and your family if you were sick or injured and unable to earn that money?

Insurance industry statistics tell us that every working Australian has a one in three chance of becoming disabled for more than three months before turning age 65.

Employees may be entitled to a limited amount of sick pay from their employer but workers’ compensation only covers you for work related injuries – a small percentage of the causes of disability.

On the other hand, an income protection policy will pay you up to 75% of your income (salary plus super and any other benefits) allowing you to maintain your lifestyle and keep paying your mortgage and other debts.

Income Protection insurance is a vital link in providing you and your family with a regular income stream during times of illness or injury. Contact us today on how we can assist you assess and obtain Income Protection insurance.

Life Insurance

No one likes to think about the worst case scenario but every day in Australia 220 people are diagnosed with some form of cancer and over 36,000 Australians die from cancer each year.

Statistics tell us that serious illness does not discriminate based on age or gender and the reality is that most Australians are under insured or not insured at all.

When considering life insurance the most important question is, can you afford to live without it? Most people have financial commitments no matter what stage of life and you can be insured against death, injury or illness:

Death cover (term life) pays a lump sum to your dependants if you die unexpectedly (cover often ceases once you turn 65)

Total & Permanent Disablement (TPD) pays a lump sum if you suffer an illness or injury that permanently prevents you from working (e.g. Losing both hands)

Trauma cover pays a lump sum if you suffer any range of specified illnesses such as heart attack, stroke or cancer.

Risk Insurance can be the saviour in many unforeseen tragedies and it allows you the peace of mind to know that your family is being looked after financially.

Imagine this scenario:

• Mr Smith earns $120,000 per year
• Mrs Smith earns $6,000 per year and stays home to look after the three little Smith’s.
• They have $2,000,000 worth of investment property
• They also have $1,500,000 worth of debt

Unfortunately Mr Smith was called to the pearly gates a little before his time, leaving Mrs Smith and the kids on their own.  The last thing Mrs Smith wants to deal with is the thought of having to sell all of that property to repay the debt, especially at a time like this.  With the negative gearing arrangement she is now faced with on her own, she cannot afford to ignore the situation.

But… if Mr and Mrs Smith had had Risk Insurance, this unfortunate situation could have been slightly less traumatic for Mrs Smith.  If Mr Smith had Risk Insurance that covered Life, Trauma & Permanent Disability then Mrs Smith would have not had to give a second thought to the debt that Mr Smith left behind – it would have all taken care of itself.

Another scenario – Mr Smith wasn’t so unlucky – this time he was just a little clumsy and broke his leg playing with the little Smithy’s.  He is out of work for 6 months and Mrs Smith’s minimal wage cannot even come close to covering the loan repayments.  That is where Income Protection Insurance comes into play – if Mr Smith was covered by this he could rest up comfortably and not worry about the repayments!

Speak to us today on how we can assist you with your insurance needs.