Life insurance through your superannuation fund (super) means the premiums are paid directly from your super funds. This can be a convenient and tax-effective way of arranging financial protection as well as not having direct impact on your day to day cash flow. Usually insurance through your super means paying lower premiums. It is however important to ensure the cover adequately meets your needs. Please contact us for professional advice on what suits your needs.
Income protection insurance is a protection insurance designed to provide you with an income stream if you are unable to work for a certain period of time due to sickness or an accident. It is generally paid as a monthly payment, usually 75% of you normal wage for a designated period of time. There are a number of varieties of income protection insurance with varied waiting periods, benefit period and features and it is always important to seek professional advice.
Life Insurance provides a lump sum payment to your family in the event of death or diagnosis of a terminal illness. Life insurance is taken out for a fixed period of time (term insurance) and can be purchased of you are aged between 15 and 79. Life Insurance gives you peace of mind knowing your family can meet their financial needs if an unforseen event occurs. The payout can be spent in any way you consider appropriate, ie ongoing income, mortgage payments or education expenses.
Start Life Insurance is a free, online service that provides thorough and comprehensive comparison of Australia’s leading life insurance companies. With access to over a dozen insurance agencies, our goal is to help you find the best life insurance policy for your needs and save you both time and money. Start Life Insurance also provides assistance come claim time to maximise your claim outcomes.
In contrast to other online insurance business, all of our advisers are qualified, insurance specialist with the latest insurance products and services at their finger tips. With this in mind, you can rest assured your loved ones will be taken care of should they need to claim.