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What Cover is Available?
There are many types of insurance available to build your wealth protection strategy.
Follow the links below for more information on each type of cover:
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Type of Cover
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Description
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Life Insurance
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Life insurance pays a lump sum in the event of your death or diagnosis of a terminal illness. Life insurance can be used to extinguish your debts and liabilities, and provide a solid financial foundation for the family you leave behind.
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TPD Insurance
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Total & Permanent Disability insurance pays a lump sum in the event that you are totally and permanently disabled. The lump sum can be used to extinguish your debt, cover the costs associated with home and vehicle modifications to suit your disability, and provide an ongoing income stream whilst you are unable to work.
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Trauma Insurance
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Trauma insurance, also known as Critical Illness insurance, pays a lump sum on the diagnosis of a critical illness. Common traumas covered include heart attack, stroke and cancer. The lump sum can be used to access the very best medical assistance and to allow you and your family to concentrate on your recovery without having to worry about financial matters.
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Income Protection
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Income protection provides a replacement for your income in the event that you are unable to work due to injury or illness. The maximum cover is generally 75% of your income, and the payments allow you to maintain your current lifestyle in the event that you are unable to earn an income.
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