Insurance
We can provide unbiased and quality advice on your risk situation. Our advisers are extremely well trained and shall analyze your financial situation through a structured Needs Analysis process and submit a written recommendation of the suitable insurance covers along with quotes from at least 3 providers and also give advice on what cover suits you best.
Below mentioned are the different types of Insurances that we can help you with
Life Insurance:
Life Cover pays out in the event of your death - either as a lump sum or as a monthly benefit. This type of cover can support the loved ones you leave behind, and if you're a business owner or shareholder, it can also secure the business' long-term survival.
Trauma & TPD Insurance:
This insurance goes by lots of names - some insurers call it "trauma" insurance, others "living assurance", "critical condition" or "serious care" (to keep things simple, we just call it "trauma" insurance).
What does trauma insurance do?
With this type of insurance you can choose a lump sum that will be paid to you if you suffer certain major health problems - such as cancer, heart attack, paralysis, major burns, and so on. The actual health problems are listed by each plan - the number of conditions and how each is defined will depend on the plan.
What does TPD insurance do?
With this type of insurance you can choose a lump sum that will be paid to you in the event that you're unable to ever work again - totally and permanently disabled.
Do you need it?
Trauma insurance was actually developed with the help of a pioneering cardiac surgeon. He realised that while modern medicine can work wonders, his patients were experiencing major financial hardship after suffering health problems The upshot is that advances in modern medicine mean you're very likely to live a long life after suffering a major health problem - but the financial problems that this can cause are huge.
Income Protection:
Every one knows that your ability to earn an income is crucial and the most important asset that you can have, and for this reason income protection insurance is often the most important insurance that a person can have.
Consider these questions...
·How dependent on your income are you?
·Do you have sources of income other than your job?
·Who would support you if you couldn’t work?
·What would be the financial impact of this?
·Is anyone else dependent on your income?
Which plan to choose? Choosing the right income protection plan requires a certain level of expertise and experience. For example if you're self-employed with a fluctuating income the type of plan that suits you will probably be quite different from the plan that suits an employed person with a steady income.
Mortgage Protection Insurance:
If your mortgage isn’t covered by insurance, or if you’re planning to take out a mortgage in the near future, have a think about the following questions:
·If you died, would you leave behind enough resources to pay off your mortgage?
·Would you have enough money to meet your mortgage repayments if serious illness stopped you from working?
·Would you have enough money if you were involuntarily made redundant from your employment?
·If you answered no to either of these questions, You surely need Mortgage Protection insurance
How does mortgage insurance work?
Most mortgage insurance packages offer a range of different options. You can choose the mix that best suits your needs and your budget. There are basically 4 types of cover:
1.Life Cover - which pays off your mortgage if an insured person dies or is terminally ill.
2.Mortgage Repayment Protection - this pays your regular mortgage repayments if the insured person is not able to work due to sickness or injury for longer than 4 weeks.
3.Trauma Cover - this pays a lump sum (usually either all or part of the mortgage) if the insured person suffers a Trauma condition (like life threatening cancer, paralysis, stroke, etc).
4.Redundancy Cover - If you are unexpectedly made redundant or bankrupt, this can provide a monthly benefit enabling your mortgage repayments to be made.
If your only concern is your mortgage, then mortgage insurance can be a great option. If, in addition to your mortgage, you have dependents and other financial responsibilities, you should consider ‘normal’ life insurance and income protection.
Health Insurance:
Making the right health insurance choice is not always easy, and it’s not a matter of just comparing premiums and brochures. We can explain the finer points of the different plans on the market.
We have access to leading health insurers and can advise you on the most suitable plans based on your health situation.
Business Insurance:
The three main areas of risk where your business is vulnerable are:
Business debt protection
If your business owes money, whether to a bank, finance company, the IRD, your landlord, staff, creditors or suppliers, debt protection is a must.Debt protection is designed to create the cash needed to repay business debt if an insured person dies, is disabled or becomes critically ill.
Key people protection
An effective business continuity plan considers every future possibility, including the death or disablement of the most vital people in your business. Just as it is wise to insure business assets against loss, so it is prudent to insure specialist or skilled people who use those assets or who create business profitability.
Shareholder protection
The future control of your business is important. You want to ensure that your estate receives a fair price for your shares or business interest. Shareholder protection with a buy/sell agreement is an absolute ‘must have’.
Below mentioned are the different types of Insurances that we can help you with
Life Insurance:
Life Cover pays out in the event of your death - either as a lump sum or as a monthly benefit. This type of cover can support the loved ones you leave behind, and if you're a business owner or shareholder, it can also secure the business' long-term survival.
Trauma & TPD Insurance:
This insurance goes by lots of names - some insurers call it "trauma" insurance, others "living assurance", "critical condition" or "serious care" (to keep things simple, we just call it "trauma" insurance).
What does trauma insurance do?
With this type of insurance you can choose a lump sum that will be paid to you if you suffer certain major health problems - such as cancer, heart attack, paralysis, major burns, and so on. The actual health problems are listed by each plan - the number of conditions and how each is defined will depend on the plan.
What does TPD insurance do?
With this type of insurance you can choose a lump sum that will be paid to you in the event that you're unable to ever work again - totally and permanently disabled.
Do you need it?
Trauma insurance was actually developed with the help of a pioneering cardiac surgeon. He realised that while modern medicine can work wonders, his patients were experiencing major financial hardship after suffering health problems The upshot is that advances in modern medicine mean you're very likely to live a long life after suffering a major health problem - but the financial problems that this can cause are huge.
Income Protection:
Every one knows that your ability to earn an income is crucial and the most important asset that you can have, and for this reason income protection insurance is often the most important insurance that a person can have.
Consider these questions...
·How dependent on your income are you?
·Do you have sources of income other than your job?
·Who would support you if you couldn’t work?
·What would be the financial impact of this?
·Is anyone else dependent on your income?
Which plan to choose? Choosing the right income protection plan requires a certain level of expertise and experience. For example if you're self-employed with a fluctuating income the type of plan that suits you will probably be quite different from the plan that suits an employed person with a steady income.
Mortgage Protection Insurance:
If your mortgage isn’t covered by insurance, or if you’re planning to take out a mortgage in the near future, have a think about the following questions:
·If you died, would you leave behind enough resources to pay off your mortgage?
·Would you have enough money to meet your mortgage repayments if serious illness stopped you from working?
·Would you have enough money if you were involuntarily made redundant from your employment?
·If you answered no to either of these questions, You surely need Mortgage Protection insurance
How does mortgage insurance work?
Most mortgage insurance packages offer a range of different options. You can choose the mix that best suits your needs and your budget. There are basically 4 types of cover:
1.Life Cover - which pays off your mortgage if an insured person dies or is terminally ill.
2.Mortgage Repayment Protection - this pays your regular mortgage repayments if the insured person is not able to work due to sickness or injury for longer than 4 weeks.
3.Trauma Cover - this pays a lump sum (usually either all or part of the mortgage) if the insured person suffers a Trauma condition (like life threatening cancer, paralysis, stroke, etc).
4.Redundancy Cover - If you are unexpectedly made redundant or bankrupt, this can provide a monthly benefit enabling your mortgage repayments to be made.
If your only concern is your mortgage, then mortgage insurance can be a great option. If, in addition to your mortgage, you have dependents and other financial responsibilities, you should consider ‘normal’ life insurance and income protection.
Health Insurance:
Making the right health insurance choice is not always easy, and it’s not a matter of just comparing premiums and brochures. We can explain the finer points of the different plans on the market.
We have access to leading health insurers and can advise you on the most suitable plans based on your health situation.
Business Insurance:
The three main areas of risk where your business is vulnerable are:
Business debt protection
If your business owes money, whether to a bank, finance company, the IRD, your landlord, staff, creditors or suppliers, debt protection is a must.Debt protection is designed to create the cash needed to repay business debt if an insured person dies, is disabled or becomes critically ill.
Key people protection
An effective business continuity plan considers every future possibility, including the death or disablement of the most vital people in your business. Just as it is wise to insure business assets against loss, so it is prudent to insure specialist or skilled people who use those assets or who create business profitability.
Shareholder protection
The future control of your business is important. You want to ensure that your estate receives a fair price for your shares or business interest. Shareholder protection with a buy/sell agreement is an absolute ‘must have’.