Support for your family when you're gone

Life Insurance is something we all should have, but most of us put off doing anything about it.

Our Life Insurance policies are available for people aged 16 – 70 (subject to approval) and once covered, you are covered for life - there is no expiry date. With cover starting from as little as $5 per week, peace of mind is definitely affordable.

Features:

• Terminal Illness Benefit: If you are diagnosed as likely to die within 12 months, the policy can be paid out early.
• Bereavement Support: $15,000 can be paid early to cover funeral expenses while the claim gets processed.
• Life Events Benefit: If you marry, have a child, or buy a new house, you can automatically increase your cover amount by up to $250,000 to keep up with your changing lifestyle. No further medical assessment is necessary!
• Unique Client Membership Benefits such as grief counseling, budgeting advice or marriage guidance.

What’s not covered?

• If you die as a result of a condition excluded from your policy (you will be made aware of this during application time so there won’t be any surprises at claim time).
• Suicide within the first 13 months of your policy commencement.

How much cover do you need?

Essentially it comes down to:

• Allocating enough to pay off any debts you have that you don’t want to pass on to anyone else such as a mortgage
• How much your family will need to live on until they get back on their feet
• How much you’d like to leave for your children and their future education
• Enough to cover the cost of your funeral
• And how much you can afford to pay

Payment options:

Installments can be paid by direct debit (weekly, fortnightly or monthly) or annually by cash or cheque.

Premiums are reviewed annually and will increase with age.

Optional Trauma cover:

A critical illness or major trauma can happen without warning, often requiring big changes to be made to your life and the lives of your family.

It’s a fact that in a typical working life, any one of us has a 25% chance of suffering a critical illness between age 30 and 64! You never know what’s around the corner, so it’s better to be prepared!

Trauma cover pays a lump sum for any of 26 critical health events such as a heart attack or stroke, cancer, amputation and intensive care treatment to name a few. Pay-outs can be used for any purpose – reduce debt, day to day expenses, overseas holiday, cost of treatment…its your choice.
Cover is available to people aged 16 – 60 and expires at age 70. Minimum cover amount is $20,000.

Trauma cover is accelerated against the Life policy which means that your Life sum insured is reduced by the amount paid out to you for the Trauma claim.