Risk / Life Cover is made up out of 2 divisions. Personal Cover and Business Insurance.
This cover ensures a life in their personal capacity to make financial provision for debt, estate planning, dependants, etc.
Disability can be split up into a few different segments, Income protection (temporary and permanent income protection), Capital disability in the form of a lump sum (usually for alterations needed for a disabled lifestyle and or debt, etc.)
This cover protects you against additional expenses caused by being diagnosed with a dreaded disease.
Cover set in place for the purpose of a buy and sell of shares between partners/shareholders of a company.
This cover is taken out on the life of an individual who is either an employee or director of a company and stands surety for an amount of debt. The amount of cover should be equal to the amount of debt.
This is life cover taken out on a Key Individual of a company, this means that should this individual pass away the company stands to suffer a financial loss and therefore cover is taken out on this individual’s life.