Insurance
Insurance Products
The attached information snapshots have been provided by AXA Insurance Australia.
Life
When planning for your financial future, consider how your family and dependants would cope financially if you died. Will they be financially set up to meet important financial commitments like mortgage repayments, child care or even the most basic of necessities such as food?
Total and Permanent Disablement (TPD)
The possibility of becoming totally and permanently disabled in your lifetime is more likely than many people realise. In fact, the Australian Bureau of Statistics reported in 2004, that 1 in 16 Australians had a severe or profound core activity limitation. This means they require either occasional or continual personal assistance with self-care, mobility or communication. For many, this would affect their ability to work.
Trauma Cover
Medical traumas are an unfortunate reality, and can change people’s lives forever. The expenses associated with such traumas can magnify the problem. Trauma insurance provides a lump sum in the event that you suffer from one of the trauma events listed in the Insurance Plan.
Income Protection
The inability to earn your regular income due to an injury or sickness can be financially devastating for you and your family. Income insurance can provide you with a regular income stream if you become totally disabled or are recovering from an injury or sickness. You can be insured for up to 75 per cent of your income (net of any business expenses and before tax).
Business Protection
Business Expenses Insurance Plan is designed to pay for the fixed costs of running your business in the event that you become totally or partially disabled due to an injury or sickness.