Protect What Matters Most:
You and your Family
Let’s face it—life doesn’t always go according to plan. You work hard to build your future, but what happens if something unexpected gets in the way? That’s where personal insurance comes in.
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At its core, financial planning isn’t just about growing your wealth—it’s about protecting it. And that means protecting your most valuable asset: you.
Why Insurance Matters
We all like to believe, “That won’t happen to me.” But illness, injury, or worse can strike when you least expect it. Without the right protection, even a well-planned financial future can unravel quickly. Personal insurance gives you—and your loved ones—peace of mind.
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Here’s what the right cover can help protect you from:
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Serious illness or injury
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Loss of income if you can’t work
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Emotional or mental health trauma
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Major medical expenses
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Damage or theft of personal or business assets
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Liability claims or lawsuits
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Your insurance plan should be as personal as your goals—and that’s where we come in.
The Essentials of Personal Cover
Let’s break it down. There’s no one-size-fits-all when it comes to insurance, so here are the main types to consider:
Life Insurance
Think of this as a gift to your loved ones. If you pass away or are diagnosed with a terminal illness, life insurance pays a lump sum to help cover things like:
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Debts
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Funeral costs
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Living expenses
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Your family’s future lifestyle
It's peace of mind that they’ll be okay—even when you’re not around.
TPD Insurance
If an injury or illness means you’ll never work again, Total & Permanent Disability (TPD) insurance gives you a financial cushion.
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Depending on the type of policy, you may be covered if:
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You can’t return to any job you’re suited for
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You can’t go back to your specific job
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You’re unable to care for yourself independently
This lump sum helps you cover medical bills, rehab, and day-to-day expenses—so you can focus on what matters.
Income Protection
If you’re too sick or injured to work, income protection helps replace a portion of your income—usually up to 70% of your salary.
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Key things to know:
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Waiting period: How long before payments start (e.g. 30, 60, or 90 days)
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Benefit period: How long you’ll be paid (e.g. 2 years, 5 years, or until age 65)
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Tax: You can usually claim premiums as a tax deduction, but benefits received are taxable income
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If you’re self-employed or the main earner, this is a must-have.
Trauma Insurance
Serious illnesses like cancer, stroke, or heart attack don’t just take a physical toll—they often come with huge medical bills and time off work.
Trauma insurance pays you a lump sum right after diagnosis, giving you the breathing room to recover without worrying about money. You can even add child trauma cover to protect your kids.
Business Expenses Insurance
Running your own business? What happens if you’re out of action?
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This cover helps keep your business ticking by covering things like:
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Rent
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Utility bills
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Office expenses
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Accountant fees
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You may also want to insure business partners or key staff. If they can’t work due to illness or injury, your business won’t be left scrambling.
How Much Does It Cost?
Insurance premiums vary based on:
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Age
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Gender
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Health and medical history
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Occupation
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Smoking status​
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Stepped premiums start lower and increase with age
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Variable premiums cost more early on but remain more stable over time
Where Should You Hold Your Cover?
You can own most policies either personally or through your super fund.
Here’s a quick comparison:​
Policy in Personal Name
Premiums
Paid from your after-tax income
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Tax Deductibiliy of Premiums
Only income protection is tax deductible
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Claims Payment Taxable
Often tax-free, except income protection
Policy in Personal Name
Premiums
Paid from your after-tax income
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Tax Deductibiliy of Premiums
Paid via super contributions or deducted from balance​​
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Claims Payment Taxable
May be taxable
What’s the Process Like?
When applying, you’ll fill out a health questionnaire—maybe even a quick check-up. Based on your history, the insurer might:
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Offer standard cover
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Add a premium loading
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Exclude certain conditions (e.g. pre-existing injuries or risky hobbies)
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But here’s the good news: many policies are guaranteed renewable, so once you're covered, you’ll stay covered—even if your health changes.
Final Thought
Insurance isn’t about expecting the worst. It’s about being ready for it—just in case.
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Your plan should be tailored, flexible, and affordable.
Whether it’s protecting your family, your income, or your business—we’ll work with you to make sure you’re covered, your way.
Need help choosing the right cover?
Book your Insurance Check up and we will help you over the phone and answer any of your questions.