At Synchron, we ensure adequate insurance is included in your financial recommendations. Insurance provides some financial protection and can be broadly categorised as:
· General insurance;
· Private health insurance;
· Business insurance;
· Personal insurance
In our case, we are most interested in personal insurance. Personal insurance provides protection to you and your loved ones if an unexpected event occurs, and includes:
· Term Life Insurance;
· Total and Permanent Disability Insurance (TPD);
· Trauma Insurance (also called Critical Illness Insurance or Living Insurance);
· Income Protection (also called Salary Continuance Insurance);
· Estate Equalisation
