Risk Management for Individuals
Protect your Future
Personal Risk Insurance is designed to ensure that you are financially secure in the event of untimely death, critical illness or trauma, or incapacity to work as a consequence of illness, accident or injury. It is important to relieve you of the financial burdens associated with the loss of income if an event occurs such as death or permanent/temporary disablement. It provides peace of mind that you are financially secure by providing an ongoing income source, or a lump sum payment.
Personal Risk Insurance protection can be arranged for:
- Life Insurance - Click to expand
Life insurance provides you with peace-of-mind. Should you die or become terminally ill, your chosen benefit amount will be paid to your partner or family.
- Total & Permanent Disability Insurance (TPD)- Click to expand
TPD insurance pays a lump sum if you become totally & permanently disabled due to sickness or injury and are unable to earn an income. It provides this at a time when you need it most, so that you not faced with the costs relating to disability in addition to all the normal household and family expenses and commitments without financial support.
- Trauma Insurance - Click to expand
Trauma cover insurance is insurance against the occurrence of a specified major disease or injury, in which case a lump sum is paid. This helps you cover medical and rehabilitation costs, maintain your lifestyle. Some common examples which may be covered by trauma insurance are cancer, heart attacks, and stroke.
- Income Protection / Salary Continuance Insurance- Click to expand
Income Protection insurance pays a monthly benefit so that you can focus on your recovery and not have to worry about meeting your everyday commitments – like your mortgage or rent, groceries and utilities. We can tailor an income protection policy to suit your needs.
Which insurance is right for you?
The type of insurance that you require and the level you need is particular to your individual circumstances. At Snelleman Tom we can help you with:
- Understanding your needs and recommending the right type ( and amount) of cover
- Completing the application form with you
- Liaising with the insurer during the underwriting process.
- Taking the stress out of the claims process (we will personally handle your claim for you)
We can also recommend tax-effective strategies to help make your insurance more affordable.
You’ve probably taken out insurance for your car and home, but what m sure you’ve insured your car and home, but what about your income? Personal insurance is not really something you think about, but it is a necessity for all of us.
To cope with the threat of a crisis, it is possible to plan ahead, and protect oneself and loved ones.
