Personal Accident & Illness Insurance

What is it?

When you are running your own business, you may also have dependents such as a family needing you to bring home an income to pay the bills and keep a roof over their head. Perhaps also the business has financial commitments such as leases on equipment and other items.What would you do if you became ill or were injured, not just on the job but during leisure time? Do you have enough savings to continue to pay these on-going costs?

Why do you need it?

As a working director, Workers Compensation will not cover you, only your employees. But even if you are an employee, Workers Compensation generally only covers you for injuries sustained when attending work. Should you sustain any injury or illness that has a prolonged recovery, sick leave can easily be exhausted. Then who will pay the bills?

Including Personal Accident and Illness cover in your Insurance Programme can help minimise the impact to you and your business.

Personal Accident and Illness cover can provide you with an income while you recuperate, maintaining your lifestyle until you are ready to work again. It can continue to pay the bills for up to two years.

Personal Accident and Illness Insurance can provide you or your family with a lump sum benefit in the case of accidental death or permanent disablement. Replacing your income while you recover from an injury or illness that prevents you from carrying on your usual work is the most beneficial aspect of this cover.

What is Covered?

This type of cover can provide:

  • Benefits to the insured in the event of accidental Death or Permanent Injury (based on the compensation percentage shown on the policy schedule multiplied by the capital sum insured); and
  • Average Weekly Income Benefits to the insured for certain Accidents and/or Sickness of the nominated persons.

What can be excluded?

Generally the following exclusions will apply but can vary depending on the insurer. You should refer to the insurer’s Product Disclosure Statement for further details.

Exclusions or restrictions can apply when you reach a particular Age; have AIDS or HIV; certain diseases; any existing medical condition; being under the influence of Alcohol and drugs; certain Occupations or sports; Pregnancy; and Suicide/self injury.

What do I do now?

We can find the appropriate product to suit you whether you are an individual person or a group. Coverage can be personalised to individual requirements, providing a broad range of benefits. So, whether you're a business, sports association, small business owner, contractor, employee or volunteer, CPR Insurance Services can find the right policy for you.

An insurance broker's role is to act as your representative and work in your interests, seeking the best cover at the best price for you from market knowledge.

Call a good one. Call CPR – Experts who will save you!  

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Latest News

Robert Cooper - one of 100 faces of small business

This week it was announced as part of Small Business Week,  that Robert has been named one of the 100 faces of small business for a State Government promotion on the great value that small businesses play in the State of Queensland.

You can see Robert's entry here:

It is the third accolade for CPR Insurance Services in a month and after seven and a half years in business is a real pep up for the company.

For Robert, it is the culmination of many years experience, becoming well qualified, experiencing the highs and lows of a career and always wanting to contribute to his community. Sometimes, these things just come together and you receive recognition for your efforts.

Robert says that there is no doubt that starting your own business is a huge challenge, but with the right research and planning, the right people around you and a good set of values that you apply to the vision of the company, you have a very good chance of making it all succeed.

Robert says he is lucky. He has a strong supportive Wife, Mandy, who is also part of the business, along with efficient and hard working staff such as Julia McLauchlan and Aidan Harmer who are building up their own skills in a learning environment. 

However, the most important and most supportive people for CPR Insurance Services are our clients who have stuck by us and supported us over the past seven years. Our focus remains on providing the best possible service we can and always acting in their best interests. To all our clients, we say thank you!

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CPR Insurance wins Brokerage of the year

CPR Insurance Services picked up the award for the Best Brokerage (1-5 staff) in Australia, last Friday Night (4th May 2018) at the Insurance Business Magazine Awards held at the Westin in Sydney.

Judging came from various parts of the industry. It is a great honour to be recognised for our hard work and particular Business values we follow. A full list of winners is listed here.

Success comes from having great staff, and we thank Aidan Harmer and Julia McLauchlan as important support staff for helping us win such an award.

CPR Insurance has been in operation for more than 7 years now and is only successful because of the wonderful support from our staff, insurers and most importantly, our fantastic clients who put their faith and trust into our company to be their Risk Advisers and Brokers. 

Thank you to all.

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