Personal Protection

Life Insurance is there to cover you and your family should the worst happen. A life insurance policy will pay out a lump sum of money to your loved ones which can be used to pay off a mortgage or other debts if you are no longer there

Critical Illness Cover will pay out a lump sum of money if you were to be diagnosed with a critical illness. Unlike life insurance which would only pay out if you were to pass away, critical illness cover will pay out if you are diagnosed with a critical illness which is not necessarily terminal. The money would generally be used to pay off your mortgage or other debts, however it can be used for any reason you need, such as medical expenses so you can put your full focus on recovery rather than worrying about finances. The most claimed on conditions are Cancer, Heart Attack and Stroke. Critical illness cover can also include cover for your children.

Income Protection, also known as Permanent Health Insurance, will pay you a monthly income if you are unable to work due to accident, sickness or injury. Income protection is particularly relevant for self employed people who will not have the safety net of work place sick pay. Income protection is also a great policy for employees to have as it will replace your income once your work place sick pay ends.

Family Income Benefit, much like life insurance, will pay out if you were to pass away. Unlike life insurance, family income benefit will pay out a regular income to your family in the event of your death rather than one lump sum. This is an excellent policy to look after your families long term financial interests should the unexpected happen.