Get in touch with Eureka insurance advisers & learn more about Life insurance options.

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Life Cover will ensure that in the event of your untimely death a lump sum payment will be available. This payment will allow you to provide for your family by ensuring their financial security in the event of your untimely death. In the event of your death the surviving partner would be able to take time of work to focus on caring for themselves and children without have to worry about paying off debts and losing their financial security – eliminating any financial strain or worry was very important to you both.

Your sum assured will be calculated to include paying off your living costs and to cover funeral expenses. Also to help make payments on your daily expenses, personal debts or mortgage so you do not have to worry about how to pay your mortgage should you have to take time off work to recover.

If you need to take time off work to help you the mentioned amount has been considered, as you said this would provide you with choice should you need extended time to recover and ensure you do not have to worry about your day to day living costs.

We recommend Level premiums as they are constant and there are no increases each year if non-inflation option is selected. This type of cover is highly beneficial in the long term and premiums are affordable in the long term.

The benefits of this benefit are:

Your family or nominated beneficiaries will receive a lump sum of money if you pass away. It normally make the payment to your nominated bank account within two days after they receive the claim.
It will make an advance payment of $15,000 from your Life Cover when a life insurance claim is accepted. This pays for immediate expenses such as a funeral.
You’ll receive your Life Cover payment straight away if you’re given less than 12 months to live. It normally pay this within seven days after you place a claim with it. You can use the money for your immediate care and help to plan a secure future for your family.
We will pay up to $2,500 for your family to receive professional advice from an approved financial planner. This helps them decide the best way to use the money you have left to them.
Each year It will offer to increase your sum insured by the rate of inflation, according to the consumer price index (CPI), without the need for further medical or financial underwriting.
We will pay up to $900 for your family to receive grief counselling from a professional counsellor.
You can increase your existing life cover whenever a special event occurs in your life, such as taking out a mortgage or getting a pay rise. You can do this at a later date without any medical underwriting. This is useful because the amount of insurance you need may change as you get older. See your policy document for more information on special events.
You can also take out Trauma Recovery Cover or Modified Total and Permanent Disability Cover whenever a special event occurs in your life, such a taking out a mortgage or getting a pay rise. You can do this at a later date, without any medical underwriting.

Our Partners

Eureka has an excellent long term relationship with all major insurers and ensure that when they provide you with an insurance solution that it is formulated for your circumstances.

Here you can see our insurance plans that include individual group and Business plan.

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