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INSURANCE FOR WOMEN
At IAS we pride ourselves on being sensitive and proactive about women's needs in the insurance and financial services market. Most of our staff members are female (including advisers) and they are suitably qualified to offer you the support you expect and deserve.



The 4 Types of Insurance That You Should Own To Protect Your Family and Assets

Income Protection
The basis of the Income Protection contract is that the insured will be paid 75% of taxable income in the event that the life insured is unable to work due to accident and/or sickness. The insured benefit will be paid to you monthly until the age of 65 (some occupations are only covered for 2 to 5 years). This contract will cover you 24 hours a day, 7 days a week. This insurance contract can form part of your 9% superannuation contribution (this depends on each clients' situation). Read more...

Trauma (Critical Illness)
The basis of the sum insured for the above contract is that in the event that the insured has a major trauma (e.g. cancer, heart attack, stroke, etc.), the sum insured would be available to cover any costs associated with the above (e.g. hospital bills, handrails, nursing care, etc.) and extinguish any current debt or borrowings.

Please note that Trauma is a non-deductible expense - however the proceeds are tax free in the event of a claim and this is paid in a lump sum benefit amount. Read more...

Total and Permanent Disability (TPD)
In the event that the insured is unable to work in any/own occupation and therefore Totally and Permanently Disabled the sum insured would be available to cover any costs associated with the above (e.g. hospital bills, handrails, nursing care, etc.) and extinguish any current debt or borrowings. Read more...

Own Occupation Definition of Disability
Under this definition, total disability means the inability to work at your regular occupation - that is to perform the material and substantial duties of your occupation.

Any Occupation Definition of Disability
Under this definition, total disability means the inability to work at any occupation. This definition is sometimes softened by the addition of the following italicised words: "the inability to perform the duties of any occupation by which the individual is suited by training, education or experience".

Life
The basis of the sum insured is that in the event of the insured's death, a lump sum payment would be available to cover any current debt (e.g. funeral, borrowings - mortgage, etc.) and leave the insured's family looked after for the future (e.g. education for the children or money to invest). Read more...

Premiums
At IAS we recommend "Level Premiums" as the premiums remain static with no age-based increases and can provide considerable savings in the long term. Exceptions do apply for policy fee increases, CPI increases (if taken) and if the insurance company chooses to increase their total book.

The "Stepped Premium" method is cheaper at the start of the policy howver the premiums will increase with age and CPI each year. The premiums will become quite a large expense towards the end of the policy when you are then historically more likely to claim.

Please note that each client's circumstances are different so no one policy fits all - the above is a summary of the types of insurance cover available.



Business Insurance
We also offer a vast array of business cover products, with a particular emphasis on small to medium sized businesses. Women are well represented in small business in particular, and we have an offering that we're sure will provide business owners with the risk protection they require.

Insurance products available include:
- Public Liability
- Professional Indemnity
- Management Liability
- Business Pack
- Key Person Insurance
- Loss of Cash Flow
- Buy/Sell Insurance

Take a look at our Business Insurance and Business Protection areas for more information.