Compare & Connect Life Insurance
is designed to support your dependents in the event of your passing. When you have an active life insurance policy, your beneficiaries receive a lump sum payment following your death. This can help to support them financially, assisting with expenses such as your mortgage, school fees and other everyday spending.
Income protection insurance
Protects people when an injury or illness prevents them from working. It pays up to 70% of your pre-tax income from the specified time that you're unable to work. Income protection insurance can be a good safety net for people who are self-employed or small business owners, who may not have sick leave. It can help to financially support dependents, and to make payments on mortgages and other loans.
Total and Permanent Disability Insurance
or TPD insurance, covers you in the situation when you become permanently unable to work and earn a living due to an accident or illness. As with life insurance policies, your dependents are covered financially if you can no longer support them. Payments are typically made in monthly instalments and will be a set portion of your income when you were able to work.
Trauma insurance is similar to TPD insurance. It covers you when a critical illness or serious injury makes you unable to work. Trauma insurance helps to cover your medical costs, your financial dependents living expenses, and any costs associated with your recovery such as rehabilitation or therapy. Unlike TPD insurance, trauma insurance is designed for people who may be able to work again.