Everyone is different so an insurance premium payment structure in your best interests might be different for another person.

Generally speaking there are three ways to pay a life insurance premium today.

1. All insurance premiums can be paid from your personal funds.
2. All insurance premiums can be paid from your superannuation fund, or
3. A combination of personal and super fund payments.

Yes she can.

The owner of a life insurance policy has the right to nominate her beneficiaries for the policy, whether that be named individuals or her personal legal representative (LPR).

Yes she can.

This is an added value from Unusual Risks Insured as a high grade insurance policy provided at wholesale prices is otherwise unavailable to the general public and can represent a saving of about 30-40% for the entire life of the policy.

Yes.

For people with Surrogates we can provide specialty life insurances to help build a safety net under them and their own families, while they carry a pregnancy for you. There is no need for a pre-assessment.

Just send us an email and we'll organise the rest.

No.
You have to be an Australian resident to become a life insured.

Yes.

For people using the services of a Surrogate, we can provide specialty life insurances to help build a safety net for them and their own families, while they carry a pregnancy for you. There is no need for a pre-assessment.

Just send us an email and we'll organise the rest.

Yes.

We recommend an annual payment (Bpay or direct debit) where possible as it removes the need to constantly monitor for expiring credit cards or other issues that create unnecessary anxiety at a time you need certainty.

No.

Your super fund cannot pay the premiums of another person's life insurance, only your own.

At different times opportunities arise that make this possible.

This is a specialist service and makes it possible for an adult to insure themselves against a set of listed critical illnesses and medical conditions, and a yet-to-be born child for a lesser range of the most common childhood critical illnesses. This strategy provides emergency funding to cover unexpected medical and associated expenses.

The answer to this question is different for every person.
As a starting point, most people think about having enough insurance cover enables a person to;

• Payout out all debts.
• Be able to provide a nice place to live to their survivors.
• Be sufficient to provide an income for their surviving partner or family member.
• Be sufficient to provide a legacy for a new child.

Make sure you watch our animated explainer video about this question, here too.

The Australian Government's SmartMoney website has a general life insurance calculator that you should be familiar with, then speak with us.

Yes.

For all life insurances that we administer, there is always a financial advisor available to answer policy questions and help manage changes and variations as they usually arise.Is there an ongoing relationship with a financial adviser included with a policy managed by unusual risks insured to help with questions, changes and future possible claims?

Yes.
For all life insurances that we administer, there is always a financial advisor available to answer policy questions and help manage changes and variations as they usually arise.

Yes.

It's important to protect everyone involved in a surrogacy agreement against the statistical risks of one of the adults involved unexpectedly passing away, losing their ability to continue to earn an income or even becoming disabled.

Yes.

Crisis Recovery insurance can provide an emergency lump sum of money should the life insured suffer one of the listed 40+ key medical traumas and help fund recovery, pay our debts if need be and ensure we still have a home to live in once we recover from a medical crisis event.

The phrase ‘Life Insurances’ is an umbrella term covering 4 main types of personal insurance policies, each designed to protect against a specific known risk to a person.

• Life insurance - protecting against unexpected death or terminal illness
• Crisis Recovery Insurance - protecting against a list of known serious medical issues like Heart Attack, Cancer and Stroke etc.
• Income Protection - protecting a person’s ability to continue to earn their income
• Total & Permanent Disability (TPD) - protecting against a long term disability

We recommend paying the insurance policy premiums for your surrogate as a one-off payment (usually by Bpay or Direct Debit) to avoid the uncertainty of credit cards expiring during the insurance period, missed payments, changes in addresses etc.)

The statistical chances of you needing to claim on your personal insurance policy in Australia are;

• 1 in 3 chance of needing to claim for Critical Illness 
• 1 in 4 chance of needing to claim for Income Protection 
• 1 in 10 chance of needing to claim for Life insurance or Terminal Illness
• 1 in 20 chance of needing to claim for Total & Permanent Disability (TPD) 

We recommend the Surrogate own the insurance policy on her life so that her family are the beneficiaries and feel more involved and in control of this important issue.

We provide a financial advice service and match the most appropriate life insurance solution to your needs and budget. When we’re providing insurance services to the intended parents we can offer wholesale bundled pricing on your surrogate policy.