Insurance Solutions For All Australians
Secure, Trustworthy and Transparent
SECURING FUTURES
About Us
Realm Life Consulting is a General Advisory Firm servicing clients Australia wide. We aim to provide expert general advice which enables clients to make an informed decision on their personal insurances.
We are dedicated to providing reliable and efficient insurance products that offer financial security and peace of mind for you and your loved ones
Types of Personal Insurances
Life Insurance (Death Cover)
Life Insurance is designed to provide a lump sum payment in the event of death or if you were diagnosed with 12 months or less to live. Coverage is generally available from $50,000.
It’s coverage that’s generally designed to cover items such as:
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Pay off any outstanding debts you may have, such as mortgage etc
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Make provision for the remaining spouse, such as providing them with a lump sum payment
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Put any children through school,
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Make sure your beneficiaries can retain their lifestyle/living standard.
Total and Permanent Disability (TPD)
TPD insurance is designed to provide a lump sum payment in the event that you are totally and permanently disabled and unable to work as a result of sickness or injury. This assists you to access medical and rehabilitation treatments of your choice. It can also allow you to make any required modifications to your home. Coverage is generally available from $50,000.
When deciding if you need TPD insurance, and how much, think about the expenses you'll need to cover if you were permanently disabled and unable to work.
These might include the same things as your death cover but might also include
Pay off any debts such as mortgage
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medical and rehabilitation costs
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hiring additional help such as a carer
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savings you want for retirement
Income Protection
Income protection provides a monthly benefit if you are unable to work because of a disability caused by an illness or injury.
This assists you to access medical and rehabilitation treatments of your choice. It can also allow you to make any required modifications to your home. Coverage is generally available from $50,000. When deciding if you need TPD insurance, and how much, think about the expenses you'll need to cover if you were permanently disabled and unable to work.
These might include the same things as your death cover but might also include
Pay off any debts such as mortgage
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medical and rehabilitation costs
-
hiring additional help such as a carer
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savings you want for retirement
Trauma Cover (Critical Illness)
Trauma insurance provides a lump sum benefit if you suffer a critical illness or serious injury. There can be up to 50 Trauma events covered depending on the insurer although the big 3 are cancer, heart attack or stroke. It’s designed to help cover medical expenses, some time off work, cost of therapy or extra care, changes to housing if required or covering some of your debt you may have. It’s designed to be a buffer in the time of a traumatic event. What would you and your family do if you were diagnosed with a serious medical condition? Is this something you would like me to provide a quote on for you? Coverage is generally available from $50,000.
Child Trauma Cover
Child Trauma Cover is designed with the whole family in mind. It is a way of insuring children for various trauma events, such as cancer, certain heart and neurological conditions, terminal illness and death. The sum insured is paid out as a lump sum. The minimum entry age is 2 and the cover stops at age 21 where the policy can then be converted to a Life Insurance policy with attached Trauma Cover.
