Risk Protection

You cannot control the inevitable risks in life, but you can control how you prepare for them. The trauma of death, accident or illness can be devastating for you, your family or your business. But often the after effects are also severe; working out how to provide for your family, pay for long term care or keep your business afloat. Risk Protection Insurance is designed to help you soften the financial blow dealt by these difficulties. It gives you flexibility in deciding what risks you want to cover and how much insurance to take out for each. It also offers the convenience of having all of your cover under one policy.

Protect your family, your wealth and your earning ability by insuring yourself against death, diagnosis of a serious illness or injury, or to provide regular income to your family should you be unable to work. Some of the different types of Risk Protection insurance are:

Income Protection
Income Protection insurance ensures that you receive a monthly income if you are unable to work because of illness or an injury.

Life Cover
Life Cover insurance is an ideal form of protection for your family's quality of life in the event of your death as it pays a specified amount to your nominated beneficiaries.

Total & Permanent Disability (TPD)
TPD insurance provides you with a lump sum of money should a disability resulting from injury or sickness prevent you from being able to work again.

Critical Illness
Critical Illness insurance pays you with a lump sum of money on the diagnosis of a specified serious illness such as cancer, multiple sclerosis, parkinson's disease, heart attack, loss of sight and many other conditions.

Business Expenses
Business Expenses insurance covers certain business expenses incurred while a self-employed person is unable to work due to injury or illness.

Premium Waiver
Premium Waiver ensures your premiums are paid if you are disabled or retrenched from your job.

For more information on Risk Protection Insurance, please contact Lucy McKillop & Associates by emailing info@lucymckillop.com or by calling (02) 9542 2904 today.