Know the Facts

Life can change in a moment. Before those unexpected moments happen, we can help
provide you with the peace of mind that you’ll be financially supported when it matters most.

Protect your loved ones.

We can help support to protect your life - from financially securing your family if you’re not around or maintaining your lifestyle if you’re unable to work due to sickness or injury to covering everyday living expenses if you’re permanently unable to work due to disability or being financially supported if you’re recovering from a serious illness.

Protect your company’s future.

Your business relies on the contributions and expertise of key people. What would happen if one of them was suddenly unable to work? Our comprehensive business risk portfolio helps protects your company and ownership value should a key person suddenly pass away or become disabled.

Life Insurance

Life insurance ensures that your family is financially supported if you are no longer there to provide for them.

• Provides a lump sum payment to your beneficiaries if you pass away or are diagnosed
  with a terminal illness.
• Can be used to pay off outstanding debts like mortgages, car loans, and credit cards or put towards your children’s education expenses.
• It can also help cover day-to-day living costs for your family, maintaining their standard of living.

Income Protection

Income Protection replaces a portion of your income (usually up to 70%) and can help make ends meet if you’re unable to work due to sickness or injury.

• Can provide financial support during extended recovery periods, reducing stress and allowing focus on recovery.
• If you’re self-employed, it can help keep your business running by covering your income
  during downtime.

Total & Permanent Disability

TPD Insurance provides a lump sum payment if you become totally and permanently disabled and are unable to work again.

• Can be used to cover expenses related to ongoing medical treatment, rehabilitation, and
  the necessary adjustments to your lifestyle and living arrangements.
• Ensures you have funds to support yourself and your family when you can no longer earn an income.

Trauma Insurance

Trauma Insurance, sometimes called Critical Illness Insurance, provides a lump sum payment if you are diagnosed with a specified illness or injury.

• Can help with the financial impact of a critical illness or injury, such as a heart attack, stroke, cancer or other defined medical conditions.
• Allows you to focus on recovery without worrying about financial pressures.

Key Person Insurance

Key Person Insurance is crucial for any business and covers the life of a key employee whose death or disability would significantly impact the business. The benefit provided could be used to cover lost revenue, recruitment, train a replacement or settle debts.

Buy/Sell Insurance

Buy/Sell Insurance, sometimes called Partnership Buyout Insurance, provides the funds for business partners to purchase a deceased or disabled business owner’s share. This insurance helps the business from disruption and provides financial security to the departing owner’s family.

Did you know?

1. Life Insurance
   1. Many don’t have adequate cover, often being short on average $143,000.
2. Income Protection
   1. 1 in 3 will be unable to work for three months or more due to illness or injury before the age of 65.
3. TPD Insurance
   1. Serious illnesses are common in Australian, putting many people’s finances at risk.
4. Trauma Insurance
   1. 70% of people are underinsured for trauma by $100,000 or more.

Talk to an Adviser

Email: info@steadfastlife.com.au

Phone: 02 8456 7866