Broadly speaking, insurance is a thing providing protection against a possible eventuality. If a risk exists then you can take out insurance to mitigate that risk. This insurance is normally provided by a company or the state undertaking to provide a guarantee of compensation for specified loss, damage, illness, or death in return for the payment of a specified premium.
So what’s our role?
Our job is to match your risks with companies that provide compensation should those risks eventuate. Sounds easy, right? Except that these companies make it really hard to compare their compensation and compare their definitions of various risks.
How do we do it?
We get to know each of the insurance companies operating in the market and get a thorough understanding of their policies. It takes a great deal of time spent working hands-on as an insurance adviser to fully understand all the policies. All our advisers have earned their stripes, with years of experience in the industry getting to know the main players and getting to know their policies, in-depth.
But it not just about the fine print either. We get to know how each company performs from a service level, understanding their customer service and their likelihood and speed to pay-out when it’s needed. Insurance is never merely words and numbers on a spreadsheet. It’s about how they treat people when the s*!t has hit the fan – because rest assured that will be the situation when you put in a claim.
You can insure against almost anything – we simply need to know what and then we find someone that will take your risk and agree on terms. Most people settle on a core few types of policy, however. In terms of Personal Risk Insurance, these are Life, Medical and Income.
LIFE COVER
Life Insurance
There’s a famous quote about the 2 certainties in life, death and taxes. Life Insurance takes into account that everyone dies, but agrees on a premium payment each month in return for paying out lump-sum compensation should you die earlier than you thought you might.
Everyone should have Life Insurance because it really does ease the burden of death to those left behind. Losing a loved one is hard enough, so take care of the financials.
Trauma Insurance
When the going gets tough, be grateful you took out Trauma Insurance. No-one knows what is around the corner but if something happens to you that is life-threatening or renders you unable to work, know that your Trauma Insurance will make life a whole lot easier for you and your family.
MEDICAL COVER
Medical Insurance
We’re not here to have a dig at our Health Service – it’s actually pretty good compared to other countries. But sometimes you don’t want to join the queue, and sometimes you just want a bit more luxury and a bit more service when you’re feeling poorly. Although it’s not vital, Medical Insurance certainly makes being
INCOME COVER
Premium Cover
If you suffer a permanent or partial disability then you can be out of work. Paying for insurance premiums can sometimes be one of the first places people look, in order to save money. Premium Cover means the premiums are taken care of.
Mortgage Protection Cover
When times are tough and you’re unable to work, then you want to know that you can continue to have a home for yourself and your family.
Total and Permanent Disablement Insurance [TPD]
Of course, we all live in hope that it won’t be us. But it might be, and that’s why TPD is there, providing a lump sum payment should you lose your ability to ever work again.
Our specialist advisors can help you find the best cover for your needs, at a price that suits your budget and with a provider that we know you can trust.
Are you covered for when you-know-what hits the fan?