Why Life Insurance?
Most people use Life Insurance for:
- Ensuring funds to cover funeral expenses
- Providing funds to their family after they've gone
- Clearing debt such as credit card, personal loans, mortgage
- Paying for childcare support if the person who passed away was the primary caregiver
- Providing future financial support for their children
- Some people who are terminally ill choose to access a portion of their life insurance to help with the cost of treatment or to tick experiences off their bucket list
Benefits
Life Insurance benefits
Death benefit
Your family or nominated beneficiaries will receive a lump sum of money if you pass away.
Terminal illness support
Pays a lump sum if you’re given less than 24 months to live. You can use the money for your immediate care and help to plan a secure future for your family without having to tap into your life cover.
Funeral advancement
Pays an advance payment from your Life Cover when a life insurance claim is accepted. This pays for immediate expenses such as a funeral.
Financial planning
Payment for your family to receive professional advice from an approved financial planner. This helps your family decide the best way to use the money they will receive.
Grief support
This payment is to help with the cost of professional grief support during the grieving process.
Funeral conversion
You can choose to convert some of your life cover to a level premium Funeral benefit.
Talk to us
Talk to us about Life Insurance. We can:
- Offer our clients a complete service with one point of contact right through from start to finish
- We provide totally impartial financial advice and keep your insurance up-to-date
- Our regular cover reviews, effective claims management processes & negotiating power can also help to minimise future price increases.