What if you weren’t there to pick up the pieces? When it comes to your assets, there is none bigger than your life and protecting your family in the event of illness, injury, or death, is one of the most important investments you can make.
Life insurance is your financial back-up plan, knowing that you have made plans to secure your family’s future. This type of insurance pays a lump sum amount to your beneficiaries in the event you pass away providing you and your family financial security when you need it most! Life insurance benefits may be paid out earlier if you are diagnosed as terminally ill.
Total and Permanent Disability (TPD) Insurance
TPD insurance assists in providing a benefit should you be unable to work due to an illness or injury. A TPD payment can assist you with lifestyle changes and home modifications, cover the cost of medical and long term care expenses, pay off debt including your mortgage and provide an ongoing income for you and your family.
Trauma insurance takes the burden of worrying about your finances, while you focus on recovering. If you have suffered from a serious medical condition such as cancer, heart attack, a stroke or an accident, a one-off lump sum payment is paid that can assist you with treatment costs, making lifestyle changes and reducing your working hours to focus on healing.
No matter the insurance type, the level of cover you may need is influenced by a number of factors including your income, your dependants, your debts and your assets. At HKS, our insurance specialist can assist you in understanding your individual circumstances, ensure you have the right amount of cover as well as the right policy to meet your needs.