Life, Accident and Health
Our team is well positioned to assist with the structure and placement of Life, Accident & Health products for affinity groups and/or on a treaty reinsurance basis.
Products include:-
Life and Disability
Commonly purchased by employers for the benefit of their staff, this coverage enables dependents to cope with the inevitable financial obligations that arise should the assured suffer disability or death.
Health Insurance
Medical expenses coverage.
- Suitable for groups of employees, or individuals with a common interest.
- Clients have a choice of varying levels of cover and deductible options.
Income Protection
Covers financial obligations in the event that the Insured persons cannot work due to illness, injury or redundancy and as a consequence, suffers loss of earnings.
Critical Illness
Pays out a tax-free sum of money if an insured person is diagnosed as having a serious or terminal illness that totally and permanently prevents them from working.
Keyman Cover
Covers businesses against the possibility of a key person being unable to work in the event of death, disability or critical illness.
- Coverage can be for the business as a whole, or for the partners and shareholders
- Money paid out can be used as the insured sees fit
Credit Life and Disability
This product relates to individuals who have borrowed funds, for example, mortgages, car and personal loans, and pays out if the insured dies by natural or accidental causes, or becomes disabled within the repayment period.
- Often a compulsory cover purchased by the loan provider and financed from the costs paid by customers
- Sole beneficiary on the policy is the lender