Advice you can trust


Personal insurance can help you and your dependents financially in the event of your death, disability, or inability to work for a period of time. Insurance is very important for anyone with young children, or loans that require regular repayments.

The main personal insurances we advise on are:

  • Life Insurance
  • Total and Permanent Disability (TPD)
  • Income Protection Insurance (Salary Continuance)
  • Trauma

Life Insurance

Life Insurance (sometimes called term insurance or death cover) allows you to provide a lump sum to your dependents in the event of your death or diagnosis of certain terminal illnesses. These funds can be used to repay loans and can help you to ensure that your dependents will be able to support themselves financially.

If you have young children, a good level of life cover is very important.

Total and Permanent Disability (TPD)

TPD will provide you with a lump sum if you are permanently disabled (eg lose two limbs, sight of both eyes etc). You need to be quite seriously injured before a TPD claim will be paid out. In the event of illness, TPD insurance payments are generally not made until the disability has been evident for at least six months and the insurer deems that you are unlikely to work again. TPD is usually taken out in conjunction with a Life insurance policy.

Income Protection Insurance

Income Protection Insurance will provide you with a monthly payment (income) if you are injured or are too unwell to be able to return to your normal work duties. You can insure yourself for up to 75% of your monthly salary. As this type of insurance aims to protect your income, the premiums are tax deductible.

Income Protection is important if you need a regular income to maintain your lifestyle.

Trauma Insurance

Trauma and Critical Illness Insurance provides a benefit upon the initial diagnosis of a specified injury or illness. Ailments commonly covered by trauma insurance policies include heart attack, stroke, cancer and coronary artery disease. This benefit is generally made as a lump sum payment.

Trauma Insurance is an important consideration for anyone who doesn’t have a significant amount of extra money at call if a traumatic health condition occurred.