Wednesday, January 24, 2018
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Group Insurance

Group Life Insurance (GL) is taken out by employers or superannuation funds wanting to provide their employees of fund members with Death Only Cover (including terminal illness) or Death and Total and Permanent Disablement (TPD) cover (including terminal illness).

Group Insurance is a great way for employers to add value to employees remuneration packages or offer competitive insurance through superannuation. It can also help provide financial security for members and their families.

The aim of Matrium Financial Services is to provide an attractive insurance package to employer groups and superannuation funds, either inside or outside of their superannuation, covering:

• Death and Total & Permanent Disability (TPD), and
• Salary Continuance

This cover is suitable for employers with 10 or more people – employees in various industries. Group Insurance provides lump sum benefits for groups of people linked by a common factor such as employees of a company or members of a superannuation fund.

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Carrazzo Consulting provides financial planning services in association with Matrium Financial Services Pty Ltd, Corporate Authorised Representative of Matrix Planning Solutions Ltd. AFSL and ACL No. 238256

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