Personal insurance – protecting your income and wealth

Life insurance

Life insurance provides a lump sum payment to your beneficiaries in the event of your death. If you are the main income earner in the family, this insurance will help your family manage their future (eg paying out mortgages, schooling and other family expenses) without your ongoing earning capacity.

 

TPD – total and permanent disability

You can choose to cover yourself for either total or permanent disability or death options, providing you can no longer work or in the event that you die due to illness or accident. When combined with life insurance, this can provide security for you and your family for the rest of your life.

 

Income protection insurance

Income protection insurance (also known as salary continuance) covers a predetermined percentage of your monthly income (usually 75%) when you are unable to work for an extended period of time due to illness or injury.

 

If you have not reviewed your insurances recently then I encourage you to reach out for a chat.
Call or text me on (08) 9409 3230