Family Protection

Insurance options tailored for you

A financial plan is vulnerable unless it addresses the potential risks that can occur along the way. Insuring against unforeseen events gives you and your family peace of mind. We help you adequately protect your family, your income, your property, and other assets you wish to insure.

Life Insurance

It is important your family is not exposed to financial risk through accident or misfortune as this could jeopardise their present and future plans. Life insurance pays the insured a lump sum in the event of death, and in some cases upon diagnosis of a terminal illness of the life insured.

Total & Permanent Disability Insurance

Total and Permanent Disability cover gives an agreed (insured) lump sum payment if the life insured is totally and permanently disabled. This cover can help pay for medical expenses, repay major debts and help provide for your future. If you make a successful claim against the Total and Permanent Disability insurance policy, you will receive the insured amount as a lump sum which you can use as you wish.

Income Protection

Income Protection insurance gives you a regular income while you are totally disabled and unable to work due to illness or injury. The maximum cover is typically 75% of your personal income. The policy will provide you with a monthly payment, indexed by inflation, until you are able to return to work or your benefit period expires, whichever applies first. This lessens the need to draw on other sources such as investments, home equity or social security.

Critical Illness Insurance

Critical Illness cover provides a lump sum payment if you’re diagnosed with a specified condition or illness. It helps cover your increased medical costs and living expenses, providing you some financial security during the important recovery process. Critical Illness insurance will give you cover against major illnesses such as certain cancers, strokes, and heart attacks.

To learn more please visit our dedicated wealth management advice portal here

Any advice on this page is of a general nature and does not take into account your personal objectives, financial situation or needs. Accordingly you should consider how appropriate the advice is to those objectives, financial situation and needs before acting on the advice and, before acquiring any financial product, you should read the relevant product disclosure statement. Financial advisory services relating to superannuation, retirement planning, personal insurance, and investment are provided by Pacific Advisory Wealth Management Pty Ltd ABN 83 131 918 342, an Authorised Representative of Hillross Financial Services Limited ABN 77 003 323 055 (AFSL 232705). Mortgage Solutions and finance broking activities are provided by Pacific Advisory Lending Pty Ltd ABN 34 136 841 702. Contractor Management and Business Consulting services are provided by Pacific Advisory Consulting Pty Ltd ABN 97 133 025 653.