Life Insurance, Income Protection, Total & Permanent Disability Insurance, Trauma
Why to have insurance:
Personal insurance has now become a key type of insurance held by typical Australian families. At SELECTINSURE, we offer the following types of Personal Insurance:
Explaining Life and TPD (Total and Permanent Disability Insurance):
Trauma cover – Nobody likes to think about the possibility of experiencing a serious illness or injury in the future. You can't foresee this happening, but you can make plans to support yourself in unexpected situations. Trauma cover can help you make the adjustments to your lifestyle that you may need to make after experiencing a serious illness or injury.
A lump sum is payable if the insured person experiences a specified trauma condition, or undergoes a specified medical procedure, and survives 14 days.
Children Trauma – The amount paid under the Children's Trauma cover option is:
$100,000 (plus any increases under the Indexation feature) if the insured person experiences a listed trauma condition or undergoes a listed medical procedure and survives 14 days from the date of the diagnosis of the trauma condition or the date of the medical procedure, or
$25,000 if the insured person dies or is terminally ill.
Explaining Trauma insurance:
Income Protection – Income protection can help you continue paying your day-to-day living expenses while you are too ill or injured to go to work. A monthly benefit is payable while the insured person is totally or partially disabled due to an illness or injury. Premiums for Income protection are Tax deductible. It pays 75% of your monthly gross income.
Explaining Income Protection Insurance:
Business Overheads Insurance – Business Overheads Insurance can help keep your business going while you are too ill or injured to go to work. Reimbursement of eligible business expenses while the insured person is totally or partially disabled due to an illness or injury.
For more information about Personal Insurance, call SELECTINSURE on 1800 883 007