Announcement posted by Intercorp Financial Strategies 05 Aug 2015
Perth, WA, 05 August 2015. Intercorp Financial Strategies is pleased to be able to advise that their managing director, Bevon Sinnott, has recently undertaken training to become accredited with the Ali Group to be able to present their product, “The Loan & Mortgage Protection Plan”.
Bevon Sinnott said that they were excited to have access to this product which offers a combination of a life insurance policy, a living benefit policy which covers eleven serious medical conditions and an Involuntary Employment Benefit.
Mr Sinnott said, “It is an exciting time when you are buying your own home or an investment property. It is a big step in securing your future, so to protect that future, it’s important to make sure that you are covered for whatever life throws at you. With over 95% of Australian families not having adequate levels of insurance, this could impact on their ability to meet their loan repayments.”
Some of the key features of the product are:
Edibility
You’ll be automatically accepted for cover if you are;
*Aged 18 to 59 years
*Australian or New Zealand citizen or permanent resident
*An approved applicant or borrower on a loan(or a loan increase) taken in the last 12 months
Product Flexibility
*Adjust your cover to suit your budget
*Align your premium payments with your pay cycle or loan repayments
Benefits
Death and terminal illness benefit;
*Pays a benefit to you or your estate based on the loan amount rounded to the next $10,000 (mon $50,000 and max $750,000)
*Living Benefit covers 11 serious medical conditions. Equal to 30% of the Death and Terminal Illness Benefit.
Involuntary Unemployment Benefit;
*Pays a maximum of three monthly benefits at the rate of 1% of the Death Benefit per month (max $2,500 per month)
About Intercorp Finacial Strategies
Intercorp Financial Strategies is one of Bevon and Karen Sinnott’s group of companies. We are a financial mortgage broking service company based on the highest ethical and professional standards. We offer our clients an extensive range of Business and commercial loans, Investment loans, Asset finance, Loans within Self-managed Superannuation Funds, Home loans and insurance.
For more information, please visit the company's web site at http://www.intercorpstrategies.com.au/.