Serious Illness Cover
Protect Your Income
Serious Illness Cover & Income Protection
What plans do you have in place should you be unable to work due to Serious Illness or Injury?
How would you or your family cope of you or your spouse became suddenly ill?
How would you feel if you were to receive a Tax Free lump sum if you became seriously ill?
- Serious Illness Cover
This is an insurance policy that pays you a tax free lump sum in the event of you being diagnosed with a qualifying serious illness. It can also be known as Critical Illness Cover.
- Income Protection / Permanent Health Cover
This bridges the gap left from losing your income if you are unable to work due to a specified illnes or accident. Rather than a lump sum which you get with Serious Illness Cover, it provides you with a monthly income and you can claim tax relief on your contributions. If your cover is for a long period then the premiums are higher but you can cover your income up to the ages of 55, 60 or 65 years. There are various options to consider on this, which your Financial Broker will advise you on.
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MEET THE TEAM
Glenda Faughnan B.Comm CB QFA APA in Personal General Insurance
You can contact Glenda Faughnan via phone below or click on photo to email directly
