Income Protection

Four out of ten males and six out of ten females
are likely to be off work for 30-90 days due to an illness or accident before they turn 65

After one month, 64% of stroke survivors
will still have a motor deficit leaving the unable to do everyday tasks

ACC does not pay out for illnesses such as
heart attacks or cancer.  It only pays for accidental injuries.

Your ability to earn is your greatest financial asset!

Income protection can provide you with a monthly income if you are unable to work due to illness or accidental injury, to help maintain your standard of living. You could receive a tax-free income (under current tax rules) until you are well enough to return to work, or until you retire if you do not recover.

  • receive a fixed monthly income if you are unable to work due to illness or injury up to 75% of your gross monthly earnings
  • benefit can be payable short term or up to retirement age (depending on the plan term you choose)
  • premiums based on age, occupation, amount of cover and period of cover
  • may cover all of your outgoings, not just your mortgage

Case Study

When a Self Employed Builders World Collapses Around Him!

The Problem: At 42 years old and a self employed builder, Brian had a large mortgage and had just put himself in further debt by buying a very expensive car.

He had the horrible realisation that as a single builder business, if he couldn’t work, he was totally unable to cover his commitments and would put his whole business at risk. This worried him greatly.
 

Keyperson

Small to medium businesses have a common problem – They tend to be reliant on 1 or 2 key individuals within the organisation. Most accountants agree that the majority of businesses fail when the key income generator stops producing the life blood – cash flow and profits!
 

Sharepurchase Problems

Perhaps as few as 10% of businesses have NO succession plan should anything happen to one of the shareholders.
 

Contact us to booking an appointment or for more information
Yvonne always responds to my referrals promptly. She pays diligent attention to them. She is knowledgable about the full range of life insurance products. She provides good advice that is applicable to the prospect or client.
- Brian Taylor
Insurer Services Ltd