New Protection Plan
You have determined that you need a Life Insurance Protection Plan to look after yourself, your family and if applicable, your business.
Establish what areas of protection are relevant and applicable to you.
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Asset Protection Which is cover to clear business loans, which in turn releases business / personal property and assets as security |
Ownership Protection Which is using insurance as a funding mechanism to payout a deceased or injured business partner, in exchange for their shares in the business. |
Revenue Protection Which is cover to replace lost revenue / expertise should the business lose a key employee necessary for the business' ability to generate income. |
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Income & Business Expenses Protection Which provides an ill or injured person with replacement income. For business owners, a monthly benefit to help with ongoing expenses like rent. |
Family Protection Which is cover to maintain your family's lifestyle by ensuring a sufficient source of income, debts repaid, and children's school fees are covered. |
We determine what of the following types of cover are required -
LifeLife Insurance provides a lump sum payment on the death or terminal illness of the insured person. | TPDTPD Insurance provides a lump sum benefit in the event of the insured person becoming totally and permanently disabled to such an extent that they are unlikely to ever return to their role. | TraumaTrauma (Critical Illness) Insurance will pay a lump sum on diagnosis of a number of medical conditions or injuries listed under the policy. | Income ProtectionAn Income Protection Policy will pay you up to 70% of your income if you are unable to work due to an accident or illness for an extended period of time. |
 | Get in touchFollowing the completion of a Fact Find and Needs Analysis with you to determine your Goals and Objectives, Safety Net Life is then able to conduct research and package our recommendations for you in a Statement of Advice. |