All The Insurance You Need
When the unforeseen happens and you leave the world before your time, life insurance takes care of the people you left behind. Life insurance pays a large sum amount to your chosen beneficiaries as a result of death. Apex can help you choose the right level of cover with the most suitable protection.
Income protection insurance can provide you with 75% – 85% of your income in the event of not being able to work. The terms and level of cover depends on the insurance policy. Income insurance only covers injury or illness. Getting adequate cover can be highly specialised in certain industries, based on risks.
Total Permanent Disability
TPD insurance covers you in the event of an injury or illness that has prevented you from working in your area of employment. For example: a builder who has injured his back and can no longer perform manual labour due to the injury. TPD could pay the builder a large sum if he was unable to perform in that line of work again.
In the event that you cannot work for a period of time due to injury or illness, trauma insurance can pay a lump sum to cover this interval. This insurance is designed to cover you until you get back on your feet, unlike TPD, which is based on you never being able to do the job again.