As your Insurance Adviser of choice, we have a number of options available to help protect you, your family and your livelihood.
You can’t plan for the future in the future, you must plan for it today.
Who Should Consider a Life Insurance Premium?
A Life Insurance lump sum payment is generally not tax deductible. It is payable to your beneficiaries, or your estate. The money that is paid can be used for any purpose the beneficiary chooses.
Having Cover Can Help With
Mortgage and general debt payments
Paying out liabilities to free up your assets.
Loss of Sales & Profits
Protecting a business against the loss of sales and profits.
Providing funding to pay out deceased/disabled business owners shareholdings.
Maintaining business lines of credit
Provision of capital to keep business
Providing an income stream
Guarantee of future family income.
Providing funds for home modifications.
These premiums are generally not tax deductible unless they are held in conjunction with a Superannuation Fund, or have been taken out as key person (revenue) insurance (benefits may be accessible).
We offer individually tailored solutions via a broad range of providers to meet your needs when it really matters.
Frequently Asked Questions for Life Insurance.
Who needs this cover?
Business owners and key persons, parents with dependents, those who have personal liabilities.
How much cover is needed?
Everybody’s situation is different, we believe it is best to speak to a Financial Adviser who can help you choose the best
level of cover that suits you, and/or review any of your existing insurance policies to make sure you have the right level and structure of cover.
I can’t seem to get cover?
It may be a case of seeking professional advice to better analyse your current situation, the advice may provide you an avenue to a broader level and range of cover.
Need to Claim?
The knowledge and experience of Citycover’s amazing team is widely recognised. We are extremely passionate insurance professionals, who love what we do.
Senior Insurance Adviser
Claims Services Manager
Senior Claims Adviser