Our specialities include
Honan Financial Services can provide you with a range of insurance options and recommend the best solutions that will suit your needs now and into the future.
Life insurance
Lump sum benefit on death or terminal illness of the insured.
Total & Permanent Disability (TPD)
Lump sum benefit in the event of become totally or permanently disabled to the extent where the insured is unlikely to ever return to work.
Income Protection
Pay a portion of the income in the event the insured is unable to return to work due to an accident or illness over an extended period of time
Trauma Insurance
Lump sum on diagnosis of one from a number of medical conditions or injuries listed under the policy.
We provide advice on Key Person Cover and Partnership Cover
The death, disability or serious illness of a key person in your company can have serious detrimental effects on the ongoing success and viability of your business. We can work with you to protect your most important asset – your people.
Key Person Cover
Key Person Insurance covers the associated costs in hiring a suitable temporary or permanent replacement of a key person. The funds can be dispersed at the owner’s discretion to cover possible downturn of income, costs of a temporary or permanent replacement or in event of retirement.
Partnership Cover
Partnership or Shareholder Cover provides financial protection, in the event of death, disability or serious illness of a partner or key shareholder where they would not be able to return to work. This protects the surviving partners by allowing them to assume control of the business. In turn, the family of the affected partner or shareholder would continue to benefit from the full value of their shareholding in the business.
Contact Us
Contact us today to learn more about how we can help to protect you.
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Disclaimer: Honan Financial Services Pty Ltd trading as Honan Financial Services Unit Trust is a Corporate Authorised Representative of Bombora Advice Pty Ltd ABN 40 156 250 565 AFSL 439065 Level 2, 406 Collins Street, Melbourne VIC 3000
