I went to work as per normal on Wednesday morning, by Thursday I was in hospital and by Friday I was in ICU. My trauma cover pay-out and the advice I received from Pete, ensured my business continued to operate without me and I returned to my normal life when I recovered. It was invaluable to my business and my family in a very difficult time for me.
I fell ill some years ago and I was forced to be away from work for several months. My Business Protection policy paid my firm over $150,000 over this period, while I was not there to contribute. If I had not had this insurance in place, it would have created significant hardship for not only myself but my partners and staff.
I was self employed a while back when a joist gave way under me during a renovation project. I fell from a height of 3 meters causing me to fracture my back. The Income Protection Mike recommended assisted me financially and enabled me to concentrate on my rehab over the following months. This was my second claim, I had previous claimed due to a snow boarding accident which resulted in a broken wrist. I would recommend income cover to anyone who is self employed!
I had sold my farm in 2010 and was wanting to cancel my income protection insurance. Pete insisted I keep it and thank goodness I listened to him. In 2012 I was diagnosed with Lymphoma cancer my insurance paid me a lump sum Trauma amount, as well as about 24 months worth of my income protection. I recovered following chemotherapy treatment and a stem cell transplant and returned to sea back in February 2014.
In 2019 I was crook again with Lymphoma needing more treatment and luckily back on insurance claim. Unable to get a marine medical clearance to return to sea, I now rely on my income protection to live on, which is still being paid to me each month, now well over 3 years later… I believe this has been a vital ingredient and helped to keep me in good health today.