Life Insurance

Our lifestyle is a very important factor in our everyday existence and at times it is an aspect that some of us take for granted until something happens that compromises that lifestyle. This may be because of an unforeseeable accident or illness that reduces our financial earning capacity or worse still claims the life of a loved one.  While it can be painful to consider the unsavoury possibilities, it is also smart thinking protecting your future and that of those that you care about most. 

Life and income protection insurance ensures that you and your family’s quality of life remains the same no matter what the circumstances.  If something was to happen how would you or your loved ones cope with the following:

• Continue your mortgage payments
• Pay for your children’s education
• Maintain your current lifestyle now and into retirement
• Pay any medical costs potentially not covered by Medicare or your health insurance.
• Pay for any modification required around the home to cope with a potential disability.

A range of insurance options are available that Honan Advisers have available to recommend to you that best suit your needs now and into the future:

Life Insurance – pays a lump sum upon the death of the life insured

Total and Permanent Disability – pays a lump sum upon the permanent disablement of the life insured and inability to perform their work duties

Income Protection – pays an ongoing benefit up to 75% of you income on a monthly basis whilst you are unable to work due to illness or accident.

Trauma Insurance – pays a lump sum to you should you suffer a listed event such as a heart attack or stroke.