What is Life insurance?
Your loved ones will get a one-time payment that will allow them to replace the income you would have earned, pay off any loans, and support your family financially if necessary. Find the type of life insurance that best suits your requirements so that you won't have to worry about putting your loved ones in a difficult situation. Please make it a priority to consult with a member of The IPS Group's experienced staff regarding your life insurance needs.
The IPS Group offers a full spectrum of financial services for individuals, small to medium businesses, and large corporations.
What We Do
From business insurance protection to complex wealth-creation strategies to smarter financial management.
Pillars of Success
A unique drive and dedication to provide financial services in action, whether you require Insuring or Financial Planning.
Get Insurance Advice And Invest In Your Family’s Future
Imagine the relief it would provide to know that you are protected and that you will still receive money even if you are unable to work during a period when you are unable to do so. In contrast, consider the risk of becoming ill or injured and not being able to work. Add to that your anxiety and worry about how you will pay your bills. How will you support yourself and your family and where will the money come from? We offer insurance advice in advance for this reason—so that you and your family are ready if the need arises.
Why is Life Insurance Important?
It is important your dependents are not exposed to financial risk in the unfortunate event of your death as this could put them under undue financial and emotional pressure as they struggle to meet daily commitments or debts. Term life insurance pays the insured lump sum in the event of your death, or in some cases, upon diagnosis of a terminal illness of the life insured.
What does this Insurance cover?
- Fund funeral expenses
- Legal and accounting fees associated with the wind up of an estate
- Eliminate outstanding debt
- Provide a capital sum to provide income into the future
- Fund future education expenses
Trauma Or Critical Illness
Total Permanent Disability Insurance provides a lump sum payment so you can preserve your financial security and access to the best medical and rehabilitation treatments. To be eligible for TPD, you must be employed. Then you can use this money to pay for future expenses like remodelling your home or car as well as current ones like medical and rehabilitation costs. You decide how much coverage you require if you are unable to work. A standard premium is paid according on the cover amount. Your premium is influenced by your age, profession, medical history, and way of life.
TPD policies may only cover you if you are unable to work in your particular employment, not just any job (any occupation). The IPS Group can help because the premiums, terms, and conditions vary based on the definition. We work with you to comprehend your needs and those of your family both now and in the future so you may have everything covered and be confident that, should tougher times arise, you'll be able to get through them.
Call us today to assess Life Insurance options
If you choose us as your insurance brokers, we'll put our years of experience, in-depth knowledge of the industry, and helpful service to work for you to make sure your home, investment property, or portfolio is well protected in case something unexpected happens. No matter what criteria you give, we will research the market to find the homeowner's insurance policy and personal property coverage that fits your needs.