Life insurance
Life insurance provides financial security for loved ones in the event of death, replacing lost income, covering expenses, serving as an estate planning tool, and accumulating cash value.
Personal Insurance & Strategy
Your legacy lives here
Personal insurance products are perceived as complicated and expensive. At Orion Financial Planning we don’t like our clients to pay for things they won’t need.
TPD insurance
TPD insurance provides financial protection in the event of total and permanent disability, covering expenses such as medical bills, rehabilitation costs, and ongoing living expenses.
Income protection
Income protection insurance provides a regular income if you can't work due to illness or injury, covering essential living expenses and medical costs for financial stability.
Trauma insurance
Trauma insurance provides a lump sum payment if you're diagnosed with a critical illness or injury, covering medical bills and living expenses for financial security during recovery.
What is Life Insurance?
Pays a lump sum upon death or terminal illness – it could pay off the mortgage, help with your kids’ education, provide for the family or pretty much anything else that needs attention at this difficult time.
Life insurance will pay out a lump sum amount of cash to either:
- You – in the event you are diagnosed with a terminal illness
- Your estate – in the event you die without nominating a beneficiary
- Your super fund – in the event the insurance policy is owned by your super fund
- Or your nominated beneficiary/s – in the event you have nominated a beneficiary on your policy
Still have questions
Get in contact with us and one of our advisors will be more than happy to assist with any questions you may have.
Our Financial Planners are a team of experienced and knowledgable professionals with a diverse financial backgrounds, in wealth management, people management and other aspects of finances.
The fee for our service depends on the complexity of your needs and varies from client to client. We always quote upfront in a transparent fashion and will only proceed to the next steps if we can clearly identify an opportunity to significantly improve your financial position. We aim to deliver outcomes that far outweigh the immediate cost of implementing our advice.
Having a well thought out risk management plan ensures you and your family can continue living the way you’re accustomed to, and still pursue your future goals, should adversity hit. As an investor, insurances allow you to increase your risk and exposure to growth assets, in pursuit of greater returns, than what might otherwise be advised for your circumstances.
The type of insurance you need depends on your individual needs and goals. Our financial planners will help you navigate the choice and ensure you have the proper coverage without cutting into your super balance.
