Types of insurance

When it comes to personal insurance, there are a few options available that will cover you for different situations. These are:

Life insurance – A lump sum payed to your chosen beneficiaries in the event of death or diagnosis of terminal illness
Income protection – Cover 75% of your income for a period if you are temporarily unable to work due to sickness or injury.
TPD – Provides a lump sum payment in the event that you become totally and permanently disabled.
Trauma – In the event that you suffer a medical trauma tha impacts your life, a lump sum payment is made to you.