Insurance

The development of `all in one' risk life policies has simplified insurance for many Australians. Life Insurance, Total and Permanent Disability and Trauma and Income Protection coverage are now generally available in one policy and these risks can be taken on one or more lives on that same policy. This simplifies administration and makes many of these policies much more understandable to the average policy owner.

In general, the types of Coverages available are:
Life Insurance
Provides coverage in the event of death.
Total and Permanent Disability
Usually attached to a life policy but some free standing TPD policies are available.
Trauma
To provide a lump sum in the event of defined illness or injury.
Income Protection
To provide an income in the event of disability through illness or accident.