We protect your biggest assets.
At The Insurance Department, we protect your biggest assets whether they be your income, property, family, health or company.
We help with any type of cover and guide you through the process and do all the hard work to make sure you have the right cover in place.
This pays out in the event of your death, making sure loved ones are looked after when you are gone.
Life Insurance is important if you want to provide your family with a financial safety net in the event of your death. There are a number of things you need to consider when deciding on a level of cover:
- Your total amount of debt, including home loans, credit cards, HPs and overdrafts
- Ongoing living costs for your family
- Funeral costs
We will help you work out exactly what cover you need.
This will give you a lump sum payment in the event of a serious medical condition (such as Heart Attack, Stroke or Cancer).
Suffering a serious medical condition can leave you out of work for an extended period (maybe for good), and getting back on your feet can be an expensive process involving rehabilitation and ongoing medical costs. To make sure you and your family don’t suffer financially during this difficult time Trauma Cover will pay a lump sum to reduce debt, cover living costs and ongoing medical costs.
This will give you a lump sum payment if an illness or disability prevents you from ever working again.
If you are never able to work again the financial impact would be catastrophic. It is important to have enough insurance cover to pay off all debts and cover living expenses for the rest of your life. TPD is relatively inexpensive compare to other insurances, so it is worth making sure you have enough cover for all of your costs.
This will pay you an ongoing income if you are unable to work for an extended period due to illness or injury.
This is one of the most common insurances that are claimed on, as most people will have to stop work for a period during their working life. Although ACC can cover your income if you are off work due to injury, it is far more common to be off work for a long time due to illness, which is not covered by ACC. If you are self-employed we can also help you adjust your ACC cover so that your income is fully protected, without breaking the bank.
This is like income protection, but the ongoing payments are to specifically cover your mortgage repayments.
Mortgage repayment cover pays your regular mortgage payments if you’re unable to work because of sickness or injury. There’s an initial stand down period of at least 4 weeks, and the cost is usually slightly cheaper than income protection.