TMF Life Insurance Products
PARTNERS LEGACY GIFT PLAN
Allowing your clients the ability to gift an amount to charity on death.
Minimum Entry Age – 10
Maximum Entry Age – 70
Expiry Age – Life
Minimum Sum Insured – 1,000
Maximum Sum Insured – 5,000,000
GST – Not Applicable
Partners Protection Plan
Covers under Partners Protection Plan
Life Income Cover
Accidental Death Cover
Terminal Illness Cover
Total and Permanent Disability
Mortgage Repayment Cover
Loss of Earnings
Specific Condition Cover
Household Expenses Cover
Private Medical Cover
Hospital Cash Cover
Premium Review Periods – Yearly Stepped for all benefits, Level to Age 65 or Age 80 Guaranteed
Premium Frequency Options – Weekly, Fortnightly, Monthly, Quarterly, Half Yearly, Yearly.
Minimum Quote Value – $7.05 per month
Policy Fee - $9.95 per month
Lapse – If one premium is missed and remains outstanding for more than 30 days.
Reinstatement – No underwriting if reinstated within 31 days of lapse, otherwise underwriting required.
PERMANENT LOSS OF KEY PERSON COVER
To provide a capital injection upon the death, terminal illness, or long term disability of a key employee or sole trader,
Minimum Entry Age – 18
Maximum Entry Age – 60
Expiry Age – Death and Terminal Illness age 75. Total and Long Term Disability - age 70
Minimum Sum Insured - $20,000
Maximum Sum Insured - $6,000,000 for all combined lump sum benefits
Lives Assured – Sole Traders and key Employees or Shareholders who are employed in the business and whose death or long term illness will trigger a requirement for a capitol injection into the business to fund the recruitment of a replacement.
GST – Apply to Premiums and Claims.