Secure Finvest

Life Insurance

(sometimes referred to as Term Insurance or Death Cover) provides a lump sum benefit payment in the event of death or if you are diagnosed with terminal illness (and not expected to survive more than 12 months). Death from suicide in the first 13 months from commencement of Policy (or reinstatement of Life Cover Policy) is generally excluded.

Income Protection

is designed to help secure your income if you were unable to work for an extended period of time due to illness or injury. Income Protection Insurance allows you to cover up to 75% of your monthly Pre-Tax income - you will continue to receive this monthly (once your waiting period has passed) until you return to work or to the end of the benefit period.

Trauma Insurance

(sometimes referred to as CI or Critical Illness Insurance) provides a lump sum payment in the event that the insured is diagnosed with a particular medical condition that is defined in the policy. A trauma cover generally expires
at Age 70.

TPD Insurance

provides a lump sum benefit payment if you become totally and permanently disabled, as defined in the policy.

The Importance of Insurance

Have you ever asked yourself this question: What is your greatest asset?

Most people would answer the question by including their home or their car. We are very comfortable with insuring these assets, yet, all too often we don't protect what is potentially our greatest asset – our life & our ability to earn an income.

A good Insurance Strategy can achieve the following:

Protect your income
Eliminate Debt
Maintain your family's lifestyle

Questions you need to ask yourself

If you weren’t here tomorrow, or lost the ability to earn an income, would your spouse/family be able to survive without an income; without having to make drastic changes in lifestyle?

Life is full of uncertainties and an important step in securing your family’s future is to ensure they could cope financially, making sure the lifestyle that you are working hard to build for your family today, is protected in the future.

As part of this process, we will guide you with answering some of the relevant questions below, in order to put together a cover that meets your personalized needs.

Things to consider

Do you currently have any cover?
Is this cover enough?
Would your debts be covered?
What about your general monthly expenses?
How long would your savings last? Do you have sufficient cash reserves to cover unexpected medical/ hospital bills?
Most accidents happen outside work, so in those cases Worker’s Compensation won’t apply.
Private Medical Insurance only covers hospital stays and some medical expenses/ extras, it does not cover loss of income during the time taken to recover (or partner’s lost income while providing care), rehabilitation costs etc.

By not putting an appropriate insurance cover in place early in life, you could run the risk of not being eligible for cover later on when medical issues could have developed.

Your insurance needs are based on a number of different factors: your financial circumstances, assets you may wish to protect, accumulated liabilities, whether or not you have dependents, your insurance goals & objectives etc. You may choose to reduce your insurance needs again based on a range of factors including accumulated assets, paid off liabilities, children no longer being dependents.

Your insurance needs will vary over time. It is prudent to re-evaluate your insurance policies
annually or when you experience a major life event, like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business.

We have access to a wide range of insurance products, we compare all major life insurance companies in Australia and we can tailor a life insurance product to suit your needs.

Panel of Insurers:

Our panel of Insurance providers, consists of top Insurers in Australia. These Life Insurance companies are registered with Australian Prudential Regulation Authority (APRA) and have A.M. Best ranking of A+ or above. It is very important that the life insurance company you are signing up with is strong and financially secure so you can be sure you or your family receives a payout when it's needed most.