The most common component of a risk insurance solution is life insurance. How it works is straight forward – in the event of your death, your beneficiaries will receive a lump sum payment.
Total and Permanent Disability (TPD) Insurance
TPD insurance covers you in the event you’re totally and permanently disabled and unable to work due to illness or injury. In the event this occurs, you will receive a lump sum payment.
Income protection provides income replacement options to protect your lifestyle, assets and independence if you suffer illness or injury. It will provide a monthly payment of up to 75% of your income (as well as a superannuation contribution) while you are unable to work due to accident or sickness.
Business Expense Insurance
Business expense insurance covers any ongoing expenses of your business, such as rent, salaries, utilities and loan repayments. It can also cover the cost of bringing in a locum to run the business while the primary income generator is unable to work due to sickness or injury.
Key Person Protection
Key person insurance provides business owners with Revenue Protection. If a business owner or key employee dies or becomes disabled, the business is provided with sufficient cash to compensate for the loss of revenue and replacement costs.
Buy/Sell Shareholder Protection
Buy/Sell insurance provides business owners with Ownership Protection. The outgoing owner or their nominee is provided with sufficient cash for the transfer of their equity to the continuing owners, if a business owner dies or becomes disabled.
Group Salary Continuance Plans
Group Salary Continuance Plans increase an employer’s ability to attract and retain talented employees through the offering. The coverage is completely portable for employees who are changing jobs offering long-term coverage to help replace income if they are unable to work due to illness or injury.
Group Life Plans
Group Insurance enables employers the chance of offering employees an industry-leading life insurance package through a Group Plan. Group Insurance plans increase an employer’s ability to attract and retain talented employees through the offering.
Employer Superannuation Advice
When managing a business, administering staff super for your employees can be costly, time consuming and the last thing on your mind. Outsourcing your employer super needs to an expert means you can focus on the immediate demands of your business.