Example Frame
    Multiple suppliers , multiple benefits covering multiple events. Full, Limited or Non-Advice models to match your need & budget. You have the choice to Choose!
    Will they be financially independant, if you died prematurely? Would they loose their income stream? Would they be exposed to debt they can't service? Life cover will negate these issues!
    Life Cover
    Life insurance will remove debt for your family if you died from cancer, do the same, if you survive! Cover up to forty-eight events! Trauma cover gives you the choice, to choose!
    Trauma Insurance
    Life can change in a Milli-second. Would your Family, your Future, your Retirement plans, your Dreams be at risk if you could never work again? Total and Permanent Disablement will cover this event!
    Total and Permanent Disability Cover
    Can you survive without your income? How would your Mortgage/rent be paid? Who will put food on your table? What is the longest holiday you can take before you need to get back to work? Insure the "front door" to your future, your Income!
    Income Protection
    Can you jump the medical waiting list or will you wait until your condition gets worse, to get better?  Can you fund the newer non-subsidized designer drugs? With Private medical cover, you can choose to get better today!
    Medical Cover
    "Cash is King" You insure your business plant, machinery and buildings, why not "YOUR KEYPEOPLE"? Revenue leads to profit. Would your profit be impacted if a Key Person died or was disabled? Use revenue contracts to provide cashflow!
    Revenue Cover
    Shareholder Equity is a valiuable asset. Protect it, using Shareholder's cover. Could your co-shareholders fund out the value of your equity to your estate, if you died or could never work again?
    Shareholder Cover
    Want to have happy employees and protect your bottom line? For the cost of a cup of coffee a week, you can provide security for staff and protect profit! With Group Insurance, you may cover pre-existing health issues & get wholesale pricing.
    Employees benefits

Premium Waiver (Premium Cover)

Nine Suppliers - Multiple Options

This is a very inexpensive option that can prevent a very expensive mistake.

Today, with Doctors and medicine getting better and better at keeping us alive, if we suffer a major trauma event, we tend to survive the event, rather than die from it. Don't get me wrong, some do die, but the chances of surviving a trauma event are increasing day by day, however, the event may put you in a position where you can't work and therefore get financially stretched and are unable to keep your insurance policy "alive".

A very simple and inexpensive solution is to apply a "waiver of Premium" option over all benefits (if available - depending on supplier). This way, if you are off work due to an accident or illness, the premium will be paid for by the supplier, after your selected wait period (4/8/13/26 etc weeks), until you go back to work again (typically prior to age 65). Some suppliers will also pay the premium(s) applicable to other lives under the same policy.

We recommend this benefit even if clients only want death cover/life Insurance. Without this option, if you suffered a major trauma event, could not work, get financially stressed and your insurance policy lapses, when/if you eventually die, you may have left you spouse/ family in a position where they are exposed to major debts (mortgages etc). (Kerry) I personally know of parents of one of our children where this happened and the wife was left destitute and now has to have her children help her with her accommodation.

Things to be aware of with Premium cover.

  • There is a maximum entry age as this is like a minor income protection benefit
  • Is occupationally rated similar to income covers
  • Typically expires at age 65
  • Depending on supplier the benefit may only apply to the benefits of the affected life assured although some companies apply the waiver over all lives under the policy.
  • You will need to complete part of the occupation/income section of an application form.
"I was never told about premium cover by my previous broker and I have since found out it was so inexpensive. Now that I can't work after my stroke, I can't get the cover and we have had to cancel our insurance, as we can't afford the premiums. I worry that my wife will not be able pay the mortgage if I die! (this was a comment from a prospective client, when we went to review his cover which was put in place via another broker)