(02) 9138 1010
james@randleadvisory.com.au

Personal & Business Risk Insurance

Personal insurance

Ever wondered how you would meet your mortgage repayments or support your family if something unforeseen happened to you? Personal insurance is one of the best ways of protecting what’s most important. With the confusing terminology and different types of policies, trying to understand it all can be time consuming.

We can simplify things and explain the basics. We offer a range of personal insurance solutions to protect your family and your assets:

Life insurance provides a lump sum to beneficiaries in the event of death or certain terminal illnesses.

Income protection insurance pays a benefit to cover lost income in the event of accident, illness or injury.

Total and permanent disability insurance (TPD) provides a lump sum benefit if you suffer a permanent disability that prevents you from working.

Trauma insurance provides a lump sum benefit if you are diagnosed with a major illness such as heart disease, stroke or cancer.

Business insurance

If you part own a business, it is important to protect each partner’s share of the business in the event of death or misadventure. There needs to be continuity and a smooth transition in the business when tragic events occur. Buy/sell insurance proceeds allow the surviving partner to take ownership of the business without having to come up with the funds (through borrowing or selling down assets) to pay out the exiting partner’s share in the business.

Ensuring your key people are adequately covered is also important. Would your business suffer if its top salesperson was unable to work for an extended period of time? Key person insurance covers the cost of replacing key staff, ensuring your business does not suffer any reduction in revenues.

Contact us today if you require further information about protecting your family or your business.