Summer’s here—time for garden BBQs, beach escapes, and maybe even a cheeky weekend away. But while you’re soaking up the sunshine, have you thought about the financial safety nets that help keep life running smoothly, no matter what?
If you want true peace of mind this summer (and beyond), it’s worth making sure you’ve got the right protection in place. Here's a quick, no-jargon guide to three key types of cover every household should consider. Hit reply-to this email to set up your coverage.
Income Protection
What if an illness or injury meant you couldn’t work for a few months—or longer?
Income protection is designed to replace a percentage of your gross income (typically up to 60–70%) if you’re unable to work due to ill health. It kicks in after a set waiting period and keeps paying out until you return to work, retire, or reach the end of the policy.
Why it matters:
Self-employed? Freelance? Using up all your annual leave? An accident or illness could mean zero income and no backup. Income protection ensures the bills still get paid while you focus on getting better.
Critical Illness Cover
Critical illness cover pays out a lump sum if you're diagnosed with a serious condition listed in the policy—for example heart attack, stroke, cancer, and others.
You can use the money however you like: pay off your mortgage, cover medical costs, adapt your home, or just take the pressure off your finances during recovery.
Why it matters:
None of us likes to think about life-changing illness—but if it does happen, you’ll be grateful for a financial cushion. Especially when you’ve got holidays booked, kids off school, or plans you don’t want disrupted by financial stress.
Life Insurance
Life insurance pays out a lump sum if you pass away during the policy term. It’s so important if you have dependents, a mortgage, or shared financial responsibilities.
You can choose:
- Term life insurance (covers you for a fixed period)
- Whole-of-life insurance (covers you for your entire life)
- Level, decreasing, or increasing cover (depending on whether you want the payout to stay the same, reduce with your mortgage, or rise with inflation)
It might not feel like summer conversation material, but knowing your loved ones would be financially secure, no matter what, is a huge emotional weight off your shoulders.
Protection doesn’t have to be complicated or expensive. With the right policies in place, you can kick back this summer knowing your income, health, and loved ones are looked after—rain or shine. We are here to help with any queries or questions you might have!
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