Insurance

Absolute Financial Services can assist you with the following types of insurance :

- Car Insurance
- Boat Insurance
- Public Liability
- Professional Indemnity
- Home Warranty
- Home and Contents Insurance
- Commercial Property Insurance
- Life Insurance
- Income Protection
- Total and Permanent Disability
- Trauma

Car Insurance

A car insurance cover is a safe guard for consumers against loss due to theft or traffic accidents. There are three types of car insurance to choose from; comprehensive, third-party fire and theft and third-party only. Youth plays a big part in car premium amounts, as people over age 25 will often find that their car insurance premium have decreased from their younger driving days. This is similar with the number of claims you have requested and/or how clean your driving record is.

Boat Insurance

Boat insurance shields you against accidents, vandalism and insures you against liability. These covers differ depending on the type of boat you own. You are generally insured against liability losses, damages to another boat or dock, bodily injury or death to a third party as a result of your negligent operation or ownership of the boat

Public Liability

Public liability insurance safeguards you and your company against financial risk of being found liable to another person; through damage of property, death or injury or economic loss as a result of your negligence. This type of insurance will only cover third party claims.

Professional Indemnity

Professional indemnity insurance protects you from lawsuits incurred as a result of your advice. This provides insurance cover if your client were to suffers a loss either financially, material or physically due to a negligent act.

Home Warranty

A home warranty is a service contract which helps safe guard homeowners against the cost of unexpected repairs or replacement on major appliances and systems that break down due to normal wear and tear. Even if one were to sell your home this would give additional confidence to buyers as they know that the house has been look after during your tenant period.

Home and Contents Insurance

Home insurance will cover your homes brick and mortar from hazards such as fire or floods. Insurance cover placed on home contents is to safeguard things that are contained within your home; i.e. coin collection, articles of gold or precious metal and paintings from theft or damage.

Commercial Property Insurance

Commercial property insurance allows you to protect your business against a whole variety or losses due to the use of company property. There are three separate types of property that can be insured – building owner insurance, personal property insurance and personal property of others: i.e. employee computer or personal items.

Life Insurance

Life insurance is a scheme that pays out a set amount of money to a specific beneficiary upon the death of the individual who is insured. Additionally, life insurance can be used as a means of investment and saving, as it also assists the party to pay of any liabilities or debts that may be incurred after his death.

Income Protection

Income protection (IP) is a policy that safeguards you against a reduction in your gross income due to the inability to work owing to illness, accident or injury. This cover assists you by paying you a regular sum of money to the individual insured, upon being unemployed for a period of time.

Total and Permanent Disability (TPD)

TPD insurance is a cover that provides you with a lump sum payment were you to become incapacitated by illness or injury that prevented you from ever engaging in your 'own' occupation or any other occupation.

Trauma

Trauma insurance on the other hand provides a one-of payment in the event of contracting a specified disease or trauma. As term life indemnities will not cover people still alive trauma insurance will cover the insurer when faced with physical injury, wound or shock caused by an external force.