Insurance Summary Guide

Life Insurance

Death and Disablement Cover

Provides a benefit for Death from any cause including Suicide after the policy has been in force for 13 months. You can choose to include optional disability cover, for an additional premium. If you die or (if disability cover is added) are disabled during the term of the policy, you or your beneficiaries will receive a pre-determined lump sum. In most cases the benefit payable is tax free.

Major Trauma/Illness cover

Provides a benefit if you suffer a disability or are diagnosed with one of the critical illnesses covered by the policy. It is a Stand Alone policy can be held separately and pays the benefit tax -free on proof of diagnosis. One's capacity to continue working is not a consideration in assessing a claim.

Income Protection Insurance (Agreed Value & Indemnity)

Provide income replacement while you are Totally Disabled or Partially Disabled and unable to work as a result of either sickness or injury. Cover is provided on a 24/7 basis and covers the individual world wide.

Payments are made until the end of the chosen benefit period or when disablement ceases. Whilst the benefits are tax assessable as income, premiums are 100% tax deductible.

Income Business Expenses

Provides you with income cover for your business expenses if you are disabled. If you are unable to work because of a sickness or injury you will receive a monthly benefit for up to one year after the waiting period for any one claim.

Disclaimer

The above information is general information and does not take into account any particular individual’s personal situation or financial needs.