TMF Domestic Insurance Products

LIFE COVER

To provide a lump sum upon death or terminal illness to help repay debt or provide an inheritance, among other things , at your discretion.
Minimum entry age - 10
Maximum entry age – 70
Expiry age – Life
Minimum sum insured $1000
Maximum sum insured Unlimited
GST – Not applicable to life covers 

Worldwide cover – Yes

LIFE INCOME COVER

Pays a monthly benefit to help replace lost income and to cover on-going costs of any lifestyle changes of the beneficiaries arising from the death or terminal illness of the life assured.

Minimum entry age – 10
Maximum entry age – 70
Expiry age – 70
Minimum Sum Insured - $1000
Maximum sum insured – unlimited
Payment terms – 5, 10, 15,20, 25 or 30 years
GST – Not applicable to life covers
Worldwide cover – Yes

ACCIDENTAL DEATH COVER

Minimum entry age – 10

Maximum entry age – 70

Expiry age – lifeMinimum sum insured - $1,000

Maximum sum insured - $1,000,000

Worldwide cover – Yes

​

FUNERAL PLAN

Entry ages – 55-85

Expiry ages – Life

Minimum sum insured - $5000

Maximum sum insured - $20,000GST – Not applicable for funeral cover.

​

MORTGAGE REPAYMENT OVER

To cover mortgage repayments or a portion of the lost income in the event of your total or partial disability.

Minimum Entry Age – 16

Maximum Entry Age – 70

Expiry Age – 70

Payment Term Options – 2 or 5 years, 3,6, or 12 months

Minimum Sum Insured - $100 per month or $1200 per annum.

Maximum Sum Insured - $40,000 per month or $480,000 per month

GST – Apply to premiums

HOUSEHOLD EXPENSE COVER

To cover essential household expenses while your client is totally disabled or partially disabled.
Minimum entry age – 16
Maximum entry age – 62 for to 70
Expiry age – 70
Payment term options – To age 65 or 70 - options on periods of cover, 2 or 5 years, 3,6,or 12 months.
Minimum Sum Insured - $100 per month or $1200 per annum.
Maximum sum insured - $40,000 per month or $480,000 per annum.
GST – apply to premiums and claims

INDEMNITY INCOME COVER

To replace a significant portion of lost income when you suffer a total disability or partial disability.
Minimum entry age – 16
Maximum entry age – 70
Payment term options – To age 70, or terms of , 2 or 5 years, 3,6 or 12 months
Minimum Sum Insured - $100 per month or $1200 per annum
Maximum Sum Insured - $40,000 per month or $480, 000 per annum.
GST – Applies to premiums and claims.