Safeguarding your financial security
While it is often something you don’t ever want to invest in, personal insurance helps in securing your financial security by providing funds to yourself and your family if you were to become seriously ill, injured or pass away.
We insure your most important asset, you
Most people will insure their house, car or even their pets, but often overlook the need to cover themselves if something were to go wrong. Unfortunately, accidents and illness happen, but we have helped hundreds of people secure their financial security by ensuring they are adequately covered with the right types of insurance for their individual circumstances and helping them through the claims process.
When the unexpected happens, this can place a large amount of stress on yourself and your family, the last thing you want to deal with is additional pressure from financial issues, when you should be prioritising your recovery or organising your family affairs. If you are either an Employee, Self-Employed, Small Business Owner, or have family members or dependents that rely on the income you earn, have debt such as a mortgage, you need to consider personal insurance to protect yourself and your loved ones.
Life Insurance
Provides a benefit in the event of death or diagnosis of a terminal illness.
Total & Permanent Disablement (TPD) Insurance
Provides a lump sum benefit in the event you become permanently disabled and are unlikely to ever work again.
Income Protection (IP) Insurance
Provides you with a monthly income replacement if you’re temporarily unable to work due to a sickness or injury covered by your policy.
Trauma Protection/Critical Illness Insurance
Designed to pay a lump sum benefit on diagnosis of a listed critical illness or serious injury.
Child Cover Insurance
Provides a benefit if your child suffers a listed critical illness event or passes away.
Business Expense Insurance
Specifically designed for small business operators as it provides a monthly replacement of funds to cover ongoing fixed costs associated with the operation of the business.
Buy/Sell Insurance
Buy/Sell Insurance is designed to manage the risk to a business should a business owner exit due to death, disability or illness.
Key Person Insurance
Allows you to cover the key people in your business where lump sum benefits can flow back to the operating business to cover loss of income or capital items.
Why choose us as you personal insurance provider?
Our insurance advisers in Maroochydore have more than 20 years of industry knowledge and experience in implementing personal insurance cover and making insurance claims to help you through any stage of your financial journey. Whether you currently hold a retail insurance policy, or are considering personal insurance cover for the first time, our process will take you through:
- Reviewing your existing personal insurance cover and personal circumstances to get a full picture of your situation and financial position.
- Recommending appropriate cover for you and your family which ensures you are adequately covered in the event of a claim.
- Explaining how your policy works and how best to take advantage of efficient structuring and ownership strategies.
Should you need to make a personal insurance claim, our insurance advisers will handle all aspects of the claim process on your behalf - from lodging to receiving your benefit - to ensure your claim is processed correctly and as quickly as possible. We wish to help you on the road to recovery without adding any additional stress.
Unlike other firms, we review your personal insurance cover against the market every year to ensure you aren’t overpaying. We feel it is important to stay up to date when it comes to your cover to avoid paying too much for cover that you may not need or if there are other providers in the market offering a better deal.
Claims paid to clients
Below is a summary of claims we have provided to clients since 2010. Importantly, the majority of these claims would not have been paid if it wasn’t for our specialty Claims Management System (CMS), understanding of specific product definition/features, providing the correct initial tailored advice and providing an ongoing review service.
Claims processed in 2023
Claims processed since 2010
$
Total claims paid since 2010
$
Income Protection claims paid in 2023
If you do have cover, is it right for you?
When was the last time you reassessed your personal cover? Did you take it out before you had the kids and now have a bigger house and mortgage? Do you know what you are covered for and for how much?
Having insurance is the first step in securing your financial security if something goes wrong in the future, but if you aren’t adequately covered, it can cause financial issues in the event of a claim. This is why it is important to take out the correct cover, as well as ensure that you continue to review your policies to ensure they are in line with your current needs and personal circumstances.
We review all of our clients’ policies yearly, to ensure that you are up to date on what cover you have, and also to give the opportunity to review and update your cover. This is important, regardless of where you are in your stage of life, e.g. your family is growing, your debt is increasing, you have an increase in salary or you are heading towards retirement, different stages can create different personal insurance needs.
We can help you with your current cover, whether you hold any retail insurance policies, or just cover through your super. Our team is passionate about ensuring you are confident in your insurance coverage.
What are you waiting for? Contact our professional insurance advisers and get personal insurance services and advice in Maroochydore courtesy of Cotton Tree Financial Services.