Please note that the following testimonials are collected, supplied and maintained by Insure Qld.

What is Life Insurance? Life insurance provides a lump sum on your death or on the diagnosis of terminal illness. Life insurance provides financial support when it's needed most, giving your loved ones financial security and freedom to make choices about their future. The right amount of Life insurance differs from person to person. With the help of our Advisors, you can calculate an appropriate sum insured for your circumstances which will reflect your debts and the ongoing income requirements of your dependants. What do they mean by Key Person or Key Man Insurance? Every business has at least one person who is key to the success of the business, whether it's you the owner, your business partner or a key employee. As a business owner, it is crucial that you identify the key people in your business - those who are vital to the ongoing running and success of the business and whose absence could threaten this success or could ultimately mean financial ruin. Key person, or sometimes referred to as key man insurance is an insurance policy purchased and paid for by the business. It protects your business from the adverse economic effects of suddenly losing a key person through death, total and permanent disablement or a traumatic illness. This type of insurance is especially important for self-employed people and small business owners because if an essential member of their business cannot work, this cover will assist in the cost of replacing that person. What is Income Protection? Income Protection can provide you with a regular monthly income, generally 75% of your pre-tax income, if you are unable to produce an income as a result of illness or injury. Income Protection is also generally tax deductible. Whether you are an employee, self-employed or an employer, various levels of cover are available depending on your particular needs. By replacing your regular income, Income Protection payments can help you and your family maintain a level of financial normality. Income Protection gives you the financial freedom to focus on your recovery or treatment, without worrying about regular expenses. Income Protection policies are very flexible and can be tailored to suit your individual and family circumstances. How does Trauma Insurance work? Having moved through the adolescent phase in life where we considered oursleves 'bullet proof' we come to accept that traumatic events such as contracting cancer or having a heart attack don't only happen to other people. There is no guarantee that surving a serious illness will mean a return to full, functional health. Trauma insurance provides you with a lump sum on the diagnosis (or occurrence) of one of a list of specified serious medical conditions and procedures. Each insurance company maintains their own list, but generally they include serious medical conditions such as cancer, heart attack or stroke. Trauma insurance is designed to provide you with money when you need it most. You can generally use the money how you choose, for example to cover medical costs and treatment, or to reduce debt. Some people choose to make a permanent lifestyle change, such as reducing their working so they can spend more time with family. Why does a Business Partnership need partnership protection? All business relationships will unavoidably come to an end. The question is when, and in what circumstances. The end could be a voluntary departure through retirement or disagreement or involuntary departure such as death or total and permanent disability. The key is to identify the possibilities and plan for the outcome, it is simply good planning to protect what is often a very large investment. A Business Succession Plan is designed to pre-agree to a strategy with different professionals liaising and putting legal agreements and funding in place before they are needed. In most cases the agreement (called a Buy Sell agreement) comes into effect on the payment of an insurance claim for death, total and permanent disability or critical illness to one of the partners. This triggers the transfer of their share of the business to the surviving partner. When should I see a financial planner? Many Australians tend to think you should only contact a financial planner to discuss your retirement. This is not the case. Whether you have started your first job, are planning a family or want to retire early our financial planner can assist you in preparing a financial plan. No matter your age, income, experience or goals, we may be able to help you increase your wealth, save on tax and secure the lifestyle you want. You don't need a lot of money to see a financial planner. However, making the decision to prepare a financial plan puts you in the driver's seat. You are pursuing financial security, which ultimately gives you freedom and choice. At Insure Qld our financial planner can help with advice if you: are single, married, widowed or divorced have sold a property or business, have received an inheritance, redundancy or insurance payout, are self employed want to retire early or are preparing for retirement We are dedicated to helping you prepare financially for life's most important milestones, so you can achieve your goals. I am just starting out in business, what type of insurance will I need? Insurance is an essential part of running any business and it is good business management to protect the assets of your business, including yourself, your partner and/or key staff. However, trying to work out what insurance you need when starting out (or even afterwards) can be difficult. At Insure Qld we have developed a Business Insurance Checklist to assist in guiding you through the insurance maze. The Checklist is a guide only and incorporates many areas of insurance you need to consider to make sure you are adequately covered and your obligations are met. To download your complimentary copy go to http://www.insureqld.com.au and click the business insurance checklist box. It is also important to note that every business is unique and as such some categories of insurance might not necessarily apply to your situation. Accordingly, we strongly suggest that you seek professional advice regarding insurance covers for your business.