Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

 

MFAA

Financial Services and Credit Guide

Privacy Policy

 

 

 

02 - 4227 4618

Personal Insurance: Life Protection Plan

Life Protection caters for individuals who are looking to provide protection for their family against financial hardship, and those people who wish to ensure the continuity of their business. Life Insurance is also suited to trustees of superannuation funds as it can be utilised to provide benefits on death and total and permanent disablement to members of a superannuation fund. Life insurance safeguards against the financial effects of unexpected death or disablement at both a personal and professional level; and alleviates the need to liquidate assets or dip into savings.
Premiums are the cost of your insurance cover and include any optional benefits you may have chosen.
There are two premium options available:

  • Stepped Premiums, which are based on age and recalculated each year on the policy anniversary, and
  • Level Premiums, which are based on your age when the policy is started and remain the same throughout the term of the term of the policy.

Personal Insurance : Crisis Protection Plan

Crisis insurance is designed to cover you if you wish to safeguard yourself and your family from financial harm in the event of suffering a medical crisis.
In the event of a medical crisis, terminal illness or death, crisis insurance provides a lump sum that could assist to cover your extra medical costs, or, if necessary, make up for lost income.
Crisis insurance covers you for 37 critical illnesses.
If you decide to take out a crisis policy you have two premium options (which both include any optional benefits you may have chosen).
There are two premium options available:

  • Stepped Premiums, which are based on age and recalculated each year on the policy anniversary, and
Level Premiums, which are based on your age when the policy is started and remain the same throughout the term of the policy.


Personal Insurance: Income Protection Plan

As the name suggests, income insurance allows personal income or business expenses to be paid if illness or injury prevent you from working. It can also help ease the burden of medical and rehabilitation costs. Regardless of whether you are self-employed, an employer or employee, you can rest easy knowing that you, your family and business will be financially taken care of. Income insurance provides peace of mind and the freedom to recuperate, knowing that you can continue to receive an income if you become disabled.
There are two premium options available:

  • Stepped Premiums, which are based on age and recalculated each year on the policy anniversary, and
  • Level Premiums, which are based on your age when the policy is started and remain the same throughout the term of the policy.

So if you would like to know more about how Risk Insurance can protect you and your loved ones why not Contact CLS

Privacy | Disclaimer
Mende Dulevski Director/ Principle planner Authorised Representative AMP Financial Planning Pty Limited
ABN 89 051 208 327
AFS License No. 232706