Life Insurance.
Securing the future for those that matter the most…
What we offer
With access to some of Australia’s leading Life Insurance Products we can offer you a range of cover that helps to secure the future for you and your loved ones should the unexpected happen.
Under a General Advice qualification, we offer easy to understand factual information about the available products including all of the built-in benefits and optional extras.
This allows you to make your own well-informed decision on the types and level of cover that best meets your circumstances, needs and budget.
To work out how much cover you need, Moneysmart, a service provided by the Australian Securities & Investments Commission (ASIC), which forms part of the Australian Government provides impartial guidance on steps to consider to improve your personal finances. To access this valuable service click here.
Our Products
Life Cover
Security for those that matter the most.
The big events in life are often planned such as travel, marriage, starting a family, buying a new home, however there can be other moments that take us by surprise.
While the loss of a loved one is a difficult time for all, having inadequate or no life insurance can have a devastating financial impact on those left behind. Life Insurance provides your loved ones with a lump sum benefit amount in the event of your death or upon diagnosis of a terminal illness. Choosing the cover that is right for both you and your family’s needs provides peace of mind for when you need it the most.
Total & Permanent Disability Cover
Protection for when you can no longer work.
TPD provides a lump sum benefit amount should you become totally and permanently disabled as a result of sickness or injury to the extent that you are unlikely to ever be able to work again.
A lump sum paid out under a TPD policy can be used to pay off your mortgage and other debts, cover ongoing expenses associated with a serious disability such as fulltime care, rehabilitation and other medical costs, pay for home modifications or invested to provide for an income stream.
Having sufficient cover in place should such an event occur provides you with peace of mind knowing that your financial future has been secured when you can no longer work.
Income Protection
Protecting your ability to earn an income
Income Protection Provides a regular, ongoing monthly payment usually calculated at 75% of your current income plus superannuation should you become totally or partially disabled as a result of sickness or injury and you are unable to work.
For most the ability to earn an ongoing income is our most valuable asset. Protecting that income is key to avoiding potential financial hardship should you suffer an illness or injury.
Income Protection provides peace of mind that you can continue to pay the monthly bills therefore maintaining your current standard of living, lifestyle and independence while you are unable to work.
Critical Illness Cover
Giving you peace of mind in uncertain times.
Critical Illness Cover, sometimes known as Trauma Cover provides a lump sum benefit amount should you suffer one of a number of specified injuries or serious illnesses.
Many of us at some point in our lives will suffer an injury or be diagnosed with a serious illness such as cancer, stroke and heart disease.
Critical Illness Cover gives you the financial freedom to access the best medical treatment, pay for your rehabilitation, and perhaps cut back on your work hours allowing you to concentrate on your recovery instead of worrying about the potential impact on your financial situation.
Accidental Cover
Cover in the event of an accident.
For some with a pre-existing medical condition obtaining cover can be difficult, or the cost prohibitive.
In many cases where full cover has been declined the insurer may offer accidental cover which covers the insured should their sickness or injury be the direct result of an accident.
The types of cover available under accidental include:
Accidental Life,
Accidental TPD
Accidental Income Protection.
Child Cover
For most people, particularly those with a young family, it makes perfect sense to secure one or more of the covers that fall under the banner of Life Insurance. i.e. Life, TPD, Income Protection & Trauma cover.
However what we often overlook is what the financial impact could be if one of our children became seriously ill. Child Cover provides a lump sum payment in the event that the child is diagnosed with one of a number of specified serious illnesses or upon the death of a child.
Depending on the insurer the minimum entry age is generally between the ages 2 and 18 and can only be applied for where at least one parent or guardian of the child has secured a Life Policy for themselves.
How much cover is enough?
To work out how much cover you need, Moneysmart, a service provided by the Australian Securities & Investments Commission (ASIC), part of the Australian Government provides calculators and impartial guidance on steps to consider to improve your personal finances. To access this valuable service click on the following link.
ASIC Authorised Representative (#001250250) of Oasis Insurance Pty Ltd (AFSL No: 293770) 5/4 Columbia Court Norwest NSW 2153
General Advice Warning: As an Authorised Representative of OASIS Insurance Pty Ltd, Diversity Financial Group is authorised to give General Advice only. We are unable to take into account any of your financial or personal information. You will need to decide on the level of cover you require, and whether the product is suitable for your objectives, financial situation or needs. If you require any further information before making your decision, please refer to the Product Disclosure Statement (PDS)