Insurance Matters At Braveday

The professional and friendly team at BRAVEday are not there to tell their clients what insurance benefits they need or how much they need. Their core philosophy is to give their clients the means to make an informed decision. On a personal level, the greatest financial risk to anyone is death, a sudden serious illness or long term disability which may affect their ability to work. All of these events are life changing and the BRAVEday team recommend a robust insurance plan tailored to the individual’s needs.

Medical Insurance speaks for itself, but it is important to know what would happen if a person couldn't work for six months or more as their greatest asset is not their house; it's the person themselves, or more specifically, their ability to earn an income.  An ongoing income is important to protect their current lifestyle if they are unable to work for any length of time, and Income Protection gives them a steady stream of income if they’re unable to work due to sickness or injury.

For those not already aware of Trauma Insurance, this pays a lump sum if someone suffers a predetermined health condition and survives 14 days.  Most of the claims BRAVEday sees are for cancer, heart attack and stroke.

Life Insurance pays a lump sum (or a fixed monthly amount) if someone dies or is diagnosed with a terminal illness. The terminal illness benefit (which is built into most Life Insurance policies) will pay out for someone who is diagnosed with a terminal illness, and has less than 12 months to live.

Mortgage protection is a combination of many insurance products and mortgage protection is very similar to other standard insurance policies, but because it's specifically to cover a fixed amount (the amount of the mortgage), there's less flexibility.

Business insurance is about keeping your business going, no matter what and it is important to think about what would happen to your business if it lost one of its key people, a shareholder, your top (or only) salesperson or even you as the owner. BRAVEday helps your business develop a plan to eliminate or substantially reduce debts and financial obligations, replace revenue put at risk, provide capital for planned requirements and fund the cost of replacement people. Shareholder protection ensures the remaining shareholders can buy out a business partner or their estate if they need to sell their shares in the company due to serious illness, injury or death.

For more information please go to http://www.braveday.co.nz .