Below is an overview of the solutions that Monarch Advisory Group can help you with, as well as what each of the insurances mean to you and your family:

  • Life Insurance

    What is it?:

    This cover will pay a lump sum if you die or suffer from a terminal condition

    Why do you need it?

    Life insurance provides you with the peace of mind that your interests will be protected after you’re gone. And at a time when emotions are running high, life insurance can provide the people you leave behind with financial certainty.

  • TPD Insurance

    What is it?:

    This cover will pay a lump sum if you suffer from an illness or injury that leaves you totally and permanently disabled and unable to work in <your own/any> occupation again.

    Why do you need it?

    In the event that you can’t work in your current job or any other job again, total and permanent disability insurance helps make sure your long term financial needs and goals are taken care of.  The money can be used to pay your medical expenses, mortgages, personal debts and to make modifications to your home. The money may also enable your spouse to take time off work so that he/she can take care of you.

  • Trauma Insurance

    What is it?:

    This cover will pay a lump sum if you suffer from a listed condition such as heart attack, cancer or stroke.

    Why do you need it?

    In the event you suffer a serious illness or injury like cancer, heart attack or paralysis, trauma insurance provides you with choices. The money could be used to pay your medical expenses and treatment costs and in some instances provide you with lifestyle choices. You could use it to pay off your debts, go on a holiday, or even to make a permanent lifestyle change such as reduced working hours. The money may also enable your spouse to take time off work so that they can take care of you or support you while you receive treatment

  • IP Insurance

    What is it?:

    This cover will pay <75% or 80%> of your income as a monthly benefit if you are unable to work because of illness or injury.

    Why do you need it?

    Income protection insurance can help enable you to keep up with your every day living expenses if you’re unable to work because of illness or injury. The monthly payment allows you to concentrate on your recovery and not on how you will pay the next bill.