Life and Health Insurance 

Life insurance is about protecting the things that you can’t afford to replace. If you lose the ability to earn income, how will you pay for your mortgage? If one of the income-earners of the family passes away, how will you feed your family?

If the answer to these questions is that you will be fine, then you don’t need insurance. If you absolutely cannot live without your families’ current income, you need to make insurance a priority for you.

This section is all about deciding how much suits you.

How much cover?


Our job is to make the decisions around personal insurance as easy as possible.  You should start with thinking about 3 levels of cover.


Life insurance to cover all debts (including financial funeral expenses) : Lump Sum

Life Insurance to cover all living costs of surviving dependents: Lump Sum or Monthly payments

Total and Permanent Disability to cover all debts: Lump Sum

Trauma Insurance to cover half the debt: Lump Sum

Income/Mortgage Protection: Monthly payments

Health Insurance with Specialist Tests: As invoiced


Life insurance to cover all debts: Lump Sum

Trauma Insurance: Lump sum

Income/Mortgage protection: Monthly payments

Health Insurance: As invoiced


Life Insurance to cover all debts: Lump Sum

Mortgage protection: Monthly payments


We realise that with a new mortgage, it can feel like you need to cut other expenses. We recommend our clients budget for between 2.5-4% of their gross salary towards Life, Health and Medical insurance. 

Usually 2.5% would get the barebones package, and 4% giving them full cover. At 4% of gross salary, you should be able to sleep easy knowing that the most unforeseen events can be taken care of financially.

We recommend getting the full amount of cover that your budget can afford so that, when the time comes, you have the money you need. 


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