HOME | ABOUT US | CONTACT US | NEWSLETTER | TESTIMONIALS Where YOU Control Your Future





Business Insurance

Business Protection

Personal Insurance


 Income Protection
 Life Insurance
 Total and Permanent  Disability
 Trauma Cover
 Insurance For Women
 Request A Quote


Wealth Creation

Superannuation

Finance

Mortgage Solutions

Legal Support

Alliance Program




Call us now on (02) 8268-2900

Subscribe to our Email Newsletter!


Home - Personal Insurance - Life Insurance

LIFE INSURANCE
Protecting loved ones is a natural instinct, but how can you protect them if you're not around? Life insurance cover helps your family maintain their financial position in the event of your death by providing your beneficiaries with an agreed lump sum.

Term life insurance pays your chosen sum insured on your death or in some cases terminal illness. The sum insured is the amount of cover selected by you. The policy covers you worldwide, 24 hours a day.

Insurers usually offer optional Total and Permanent Disablement (TPD) cover.

If you choose this cover they will pay your selected TPD sum insured if:

  • you are unlikely to ever return to work because of injury or sickness, or
  • you suffer loss of limbs or sight, or
  • you become permanently unable to perform activities of daily living, or
  • you are suffering from significant cognitive impairment.

For an additional cost, you can purchase a Waiver of Premium Benefit so that no premiums will be payable whilst you are disabled.

You can take out this policy on your own life, in which case you are the insured person as well as the policy owner. You can also take out this policy to insure someone else's life, say a family member or business partner. In this case that person is the insured person and you remain the policy owner and maintain the rights of ownership and control of the policy.

In the event of a claim, the insurer pays the policy owner, or their estate. If you are both the policy owner and the insured person you can nominate who will receive benefits payable on your death.

Insurance Companies generally will not cancel this policy because of a change in your health or occupation, or in the event that you move, travel or become unemployed.

You may be able to arrange Term Life Insurance through a superannuation fund to improve your taxation situation.

Click here to enquire about Life insurance














Site Map | Compliance | Privacy | Disclaimer | Employment

© IAS (Insurance Advisory Service (NSW) Pty Ltd) - ABN 61 847 604 155 - AFS License Number 234624