Protection for you, your family and even your business when it matters.

Life is surrounded by unpredictable eventualities, this single thought can make you feel uneasy about the financial security of your family and dependents in your absence or if you are unable to earn due to critical illness. If you are unsure about your life insurance cover, talk to our life insurance expert Kelvin Scott today.

The Runacres team can help you assess your risk as well as make it easy for you to secure life insurance cover to protect yourself, your family and even your business.

Click here to download Product Brochure – Life insurance for Personal Solutions

We can help you secure the following types of cover:

Life Insurance
No one likes to plan for their untimely passing, but unfortunately failing to plan for this event can leave your loved ones in a difficult and very stressful financial situation. With the right life insurance in place, you can relax, and enjoy your life, confident in the knowledge that you have provided for the financial future of your loved ones.
This cover provides a lump sum payment on the death or terminal illness of the insured person. The cover can be used for family protection, asset protection, to provide an inheritance, for business asset and personal protection, or as a ‘guarantee’ for a particular matter.
It’s vital that you fully understand your life insurance policy and that there are no unpleasant surprises for your family at claim time. That’s why we will use plain English language to explain just what your family will be entitled to.

Income Protection Insurance
Protecting your income in the event of an illness or serious injury is vital if you wish to continue your current standard of living and financial well-being while recovering. After all this is the biggest asset you will ever have, the ability to earn an income.
As income protection insurance is protecting your income it is generally considered the most important area of risk insurance alongside life insurance. This cover can be taken out with a variety of options including different waiting periods and/or benefit periods. The monthly benefit paid is equivalent to 75% of your taxable monthly income (maximum sum insured available), which is payable after your selected waiting period after any injury or illness that prevents you from working.
Total & Permanent Disablement Insurance
This insurance pays you a lump sum of money if you’re totally and permanently disabled because of illness or injury. The financial effects of this can be devastating for your loved ones. You may never earn an income again, however you are likely to need funds for your ongoing care and associated costs and these can be substantial in many cases.
This benefit may be used to assist with medical costs, home modifications, or as providing an income stream to support any shortfall in income protection payments.
Health Insurance
Unfortunately, hospital waiting lists are a fact of life. With health insurance in place, you can have the peace of mind in knowing that should you require surgery or hospitalisation you can do so at a private hospital at a time that suits you. Health insurance can also cover visits to medical specialists.

You should be looking at this sooner rather than later, as the longer you leave it the more likely it is that you may develop conditions that may need to be excluded and therefore reduce your cover.
Trauma / Critical Illness Insurance
Experiencing a specified major illness or injury such as cancer or a heart attack is difficult enough as it is without having the additional stress of worrying about money and how you will survive financially. Trauma & Critical Illness insurance will pay you a lump sum so you can focus on your recovery and get back to your life.
The cover can be used to cover the medical bills that often result from a critical illness, or to allow time off work to recover. It could also be used as a source of income to cover any shortfall in income protection payments; or for business protection purposes.
Mortgage Protection Insurance
Mortgage Protection insurance specifically protects one of your most important assets – your home. It takes care of the mortgage payments in the event of you being unable to work due to sickness or injury, so your family can stay in the home without the financial worry of how to pay the mortgage. This should and can be taken out where possible in addition to income protection.

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