Horizon Financial Planners: Our role is to assist you with Personal Protection Cover
that can help protect you & your family
if you die prematurely or suffer illness, medical crisis or injury.



Why should I have Personal Protection Insurance?

At times of immense emotional pressure due to death or health issues
insurance ensures at least the financial stress in minimised for you & your family.



Life Cover

Life Cover will provide a lump sum amount of your choice
paid on death
or diagnosed with a terminal illness and is not expected to survive for more than 12 months.

Some expenses it could cover:
Eliminate outstanding debt
Provide a capital sum to provide income for the family into the future
Fund future education expenses
Funeral expenses



Can Life Cover be paid for from my existing Superannuation?

Yes.



Total and Permanent Disability Cover (TPD)

Total and Permanent Disability (TPD) Cover will provide a lump sum amount of your choice
paid when you suffer an illness or injury
and are rendered totally and permanently disabled.

Some expenses it could cover:
Provide a capital sum to provide income for the family into the future
Eliminate outstanding debt
Specialised treatment eg in other countries
Nursing costs and possible purchase of equipment (such as wheelchairs, modified vehicle etc.)
Home modifications such as ramps for wheelchair access
Moving to a new home

If you unfortunately suffer a TPD event. You would then additionally receive your income protection payments monthly.



What is the difference between Own Occupation & Any Occupation Cover?

Own Occupation: you will be paid if a doctor believes you are unlikely to ever return to your own occupation.
Your own occupation is regarded as the one you were engaged in at the time of the injury or illness.
Any Occupation: you will be paid if a doctor believes that you are unlikely to ever return to any occupation.
Any occupation is regarded as one that you may be suited to by experience or education.



Can TPD Cover be paid for from my existing Superannuation?

It is possible for an ‘any occupation’ policy to be funded from Superannuation.
An ‘Own Occupation’ policy is possible to be partially paid from existing Superannuation together with some out of pocket costs.



Trauma (or Critical Illness) Cover

Trauma (or Critical Illness) Cover will provide a lump sum amount of your choice
on diagnosis of one of about 40 scheduled events such as heart attack, cancer & stroke.

Some expenses it could cover:
Additional medical or nursing care requirements
Medical equipment costs
Specialised treatment eg in other countries
Alterations to your home such as ramps for wheelchair access
Repayment of debts to relieve the financial pressure on the household or
Allow you more time to recover without having to return to work straight away.



Do I have to stop work to receive a Trauma payment?

No.
Payment is on diagnosis or a trauma event and is to cover costs associated with
diagnosis, treatment and recovery from a trauma event
regardless of whether you have been unable to work or not.



Can Trauma Cover be paid for from my existing Superannuation?

No.
Since 1 July 2014 the Superannuation Rules (SIS Regulations) prohibit it.



Why do I need a broker?

Insurance is a contract and as with all contracts you need someone with expertise to understand it.
There are 12 insurers in the Australian Personal Insurance Market.
The right one for you is the one that:

✔ Offers you the best cover for your needs & circumstances
considering things like your age, occupation & medical conditions

✔ Cost effective for your circumstances

✔ Most importantly: pays claims with minimum fuss & in reasonable timeframes

We deal with all insurers and recommend an insurer that is specific to your needs.



Our philosophy is: Never have more cover than is required for your specific circumstances and always have it price competitive.

Contact us for a free no obligation chat about how
we may be able to help YOU.