Who would look after your family if you were injured, or even died? How would your family cope if you lost your income? Given the risks we face 24 hours a day, 7 days a week, personal insurance can prove invaluable.

Many of the comprehensive insurance products available these days can provide cover when you need it most:

Life insurance helps your dependants cope financially after you die.  The lump sum payment can be used to help pay off the mortgage, funeral costs and other debts.

Trauma recovery insurance can help you cope financially with the effects that a trauma would have on you life, removing the financial stress and paying for any changes you may need to make to your lifestyle.  Your lump sum payment can also pay for recovery costs, including rehabilitation, home modifications and a carer.

Total and permanent disability coverage provides you with a lump sum payment to help you cope financially with a total and permanent disability.

Income protection insurance can help you meet your living expenses if you have to stop work due to illness to injury.  With payment of up to 75 per cent to meet your income, you can continue to meet your financial commitments and pay for other day-to-day expenses.

Business expenses insurance can help your business cope financially with your inability to earn an income because of sickness, or injury.  The regular payment your business receives during the agreed can help pay for employee salaries, business loan repayments and the day-today running of the business.