AS Brokers · Life Insurance
Personal Life Insurance
It's Not About Dying. It's About What Happens to Your Income.
Long-term risk insurance (life, disability, income protection, severe illness) pays defined benefits when specific insured events happen - subject to policy terms, waiting periods, and underwriting. AS Brokers (FSP 17273) helps you align cover with debt, dependants, tax, and replacement income, then reviews escalation (level vs escalating premiums) so affordability lasts, not just year one.
FSP 17273 · Category 1.8 where unlisted wealth applies
The four pillars most portfolios need to balance
- Death cover. Liquidity for executor costs, debt redemption, and dependants' maintenance. Beneficiary nominations and trust wording should match your will - misalignment is a common planning failure.
- Permanent disability. If you cannot earn in your own or suited occupation, death cover does not help - you still have living costs. Definitions and waiting periods differ by product; we compare wording, not marketing leaflets alone.
- Temporary disability / income protection. Replaces part of income during recovery from illness or injury. Waiting periods, benefit periods, and “own occupation” vs “any occupation” definitions drive real-world outcomes.
- Severe illness (dread disease). Lump sums for treatment, lifestyle changes, or reducing debt when a listed condition is diagnosed - subject to policy lists and severity criteria.
Escalation, guarantees, and reviews
Premiums may be level or escalating, and may include age-rated elements depending on product design. After guarantee or review windows, premiums can change - sometimes sharply. That affects whether you can keep cover when you are older or have new health history. We use tools such as our premium comparison calculator so year-by-year costs are visible before you commit - not only the first debit order.
No forecast on this site is a promise of future premiums; insurers price according to their tables and risk rules.
Tax and estate interaction (headline only)
Life policies can have estate duty, income tax, and donations-tax dimensions depending on ownership, beneficiary structure, and estate liquidity. We flag where your accountant or attorney should refine structures; we do not provide tax or legal advice on this page.
For liquidity at death, see also estate duty calculator and estate planning.
Regulatory note
Long-term insurance is governed by the Long-Term Insurance Act and insurer policy terms. Benefits are not guaranteed except where the contract explicitly states guarantees; medical underwriting may decline or load risk. This page is general information - not personal advice. AS Brokers CC, FSP 17273. Full disclosures.