Personal Risk Insurance
Your ability to provide for your family is critical to their well being and yours. Illness, injury or death can have a devastating effect on a family's present and future lifestyle.
Personal insurance provides financial protection to help people cope with these personal crises.
Types of Personal Risk Insurance
Life cover - a cash lump sum is payable on death to help support your dependants.
Income Protection - a monthly income stream to help support you and your family if you are sick or injured and unable to work.
Total and Permanent Disablement cover (TPD) - a cash lump sum is payable to help support you and your dependants if you are totally and permanently disabled due to illness or injury.
Trauma cover- a cash lump sum to help support you and your dependants if you suffer a specific major medical condition.
Your TIO Financial Planner will not only assist you in determining the amount of insurance required, but also the most appropriate type.
Additionally, by tailoring the different products, we can plan so you and your dependants do not suffer financial hardship by planning for you continue to receive an income or a lump sum - in the event that you are incapacitated and unable to work
TIO Financial Planning can help.
If you want to know more about personal risk insurance Contact TIO Financial Planning.
Territory Insurance Office is an Authorised Representative of Financial Wisdom Limited
ABN 70 006 646 108 AFSL No. 231138