Life insurance is a protection against financial loss that would result from the premature death of an insured. The Beneficiary receives a lump sum which is agreed upon at the time the protection is taken out and is thereby safeguarded from the financial impact of the death of the insured.

TPD cover pays a lump sum to assist with general living costs & medical expenses etc. if you become totally and permanently disabled and are unlikely to ever work again in either an occupation for which you are reasonably qualified for by education, training and experience or your own occupation, depending on which “occupation category” is chosen.

Trauma insurance pays you a one-off lump sum if you have a serious medical condition e.g cancer, heart attack, stroke or an accident. You could use the benefit to pay medical conditions, replacement income or anything else to assist with recovery.

Income protection cover offers to pay you a monthly benefit if you are unable to work for a certain period of time because of illness or injury. This insures you for a set level of your income (commonly 75% of your gross salary) and will pay you at that level until you are able to return to work or for the agreed period of time – whichever is sooner.