Fitzpatrick Financial Service
Insurance options to suit your lifestyle

You work hard to build the lifestyle that you and your family want to enjoy. The lifestyle you enjoy relies on your ability to keep working – something that’s taken for granted but not always guaranteed.

Should something happen and your ability to work is affected, you don’t want to worry about paying your mortgage, car payments, education costs and household expenses. We offer a range of insurance options to suit your lifestyle, situation and budget.

Life Insurance

Life insurance is about providing the protection for your biggest asset – your ability to provide for your family. It provides a lump sum of money to your family if you die or are diagnosed with a terminal illness. The latter is payable when the insured is diagnosed with less than 12 months (in some cases 24 months) to live. This allows the person to settle their affairs and ensure their family has no financial concerns after they pass away.

Total and Permanent Disablement (TPD)

Total and Permanent Disability Insurance cover is a lump sum payment designed to relieve financial pressure if you are unlikely to return to work due to an illness or serious injury.

It provides you with a financial safety net in case you can’t work again, and is often used to eliminate debts, pay for medical expenses or fund any permanent lifestyle changes, like wheelchairs, medical expenses and required design changes to the home.

The definition of total and permanent disability can vary from provider to provider, and policy to policy. When researching this type of insurance, it’s important to distinguish this and ensure you understand at what point a benefit may be paid.

TPD insurance can often be held through your superannuation account, but will have its own rules of benefit payment and tax consequences. It is usually more restrictive if held through superannuation, so it is worth discussing your needs with your insurance advisor.

Personal Insurance

Income Protection

If you fall sick, or are injured, income protection is designed to help keep your life on track while you can’t work. It can provide valuable financial support, paying a monthly benefit of up to 80% of your income. It can remove the financial stress of your situation and allow you to focus on your recovery.

Critical Illness or Trauma Insurance

Trauma cover provides a safety net in the form of a lump sum payment if you’re diagnosed with a specific medical condition or serious injury. Examples include a heart attack, major organ transplant, cancer or stroke.

It can allow you to reduce debt, pay for specialist medical requirements, or take the financial pressure off, giving you and your family time to work through this period.

Business Expense

If you are a business owner, a personal injury or sickness can have a wide-reaching effect. You will continue to have business expenses, regardless of whether you are working. Business Expense insurance pays a monthly benefit to cover these expenses, like rent, running costs and other insurances.

Why wait?
Book an appointment with our advisers today!