Insurance information

There are a number of key insurance areas where we can provide assistance. The following information details types of cover, what benefits they provide, and what you should look for in the policy.
If you are unsure as to what your ideal level of cover is, contact us.

Determine whether life and income protection insurance is a priority for you.

Life insurance is really only an issue once you have dependants. If you are the main breadwinner, you need to make sure that your family can continue to fund their lifestyle if something happens to you.

Even if you don’t have dependants, income protection insurance is essential if you have obligations such as a mortgage or other debts. If you become disabled and unable to work, how are you going to fund those payments? With today's medical advances, many people are surviving serious illnesses and accidents but there are a number of products on the market such as income protection and trauma insurance to help put your mind at rest.

What types of insurance are on offer and questions to ask yourself when deciding on a policy to suit your needs.

Life insurance
With life insurance, the life you're really insuring is everybody else's! Life insurance that pays out upon death is to all intents and purposes death cover. You won't be around to enjoy any benefits. But your family will. And that's why it's important to have some kind of cover. As the major breadwinner, who would look after the rest of your family when you die? Do you really want to be beholden to someone else to look after your family? And what if they need to go on welfare?

Life insurance isn’t just for the main salary earner either. The person who takes care of the home and children is also providing a valuable service. If you are a homemaker, how will your other half be able to look after the children, run the household and keep down a full-time job if you were to die? Life insurance can be invaluable for both partners in a relationship.

Term Insurance more detail

Whole of life (endowment) more detail

Income Protection Insurance
can help you to take care of your family if you cannot work. more detail

Crisis or Trauma
If you're diagnosed with a critical illness, crisis or trauma insurance can relieve your financial difficulties. more detail

Total and Permanent Disability Insurance TPD
Total and Permanent Disability Insurance (TPD) is normally an extra cover on a life policy and commonly covers you for some permanent disability that prevents you from working in your usual occupation. more detail

IMPORTANT : This information on this page is generic in nature and cannot be relied upon to determined what insurance cover you should establish. Insurance Quotes Qld and AIB Solutions makes - bears no responsibility for where your cover amount or type is suitable to your personal circumstances if you become a client.