At Regional Insurance Solutions, we offer offer comprehensive and tailored insurance advice to protect you and your family in the event of illness, disablement or death. ​We have access to the major insurers and a highly skilled team to support our business.

Regional Insurance Solutions can support you with other Financial Planning services. We have a relationship with Surfcoast Financial, a fully fledged Financial Planning business. This means, clients of Regional Insurance Solutions have the best of both worlds.

No one person or business can be across all financial planning specialties, updates and changes, so by working together with Surfcoast Financial we can offer you a more comprehensive and up to date service. Surfcoast Financial’s team has been working with superannuation and investment funds for many years and is one of the best in the area when it comes to advice, compliance and strategies.

Advice Areas of Surfcoast Financial include:

  • Retirement Planning
  • Self Managed Superannuation Funds
  • Direct Investments
  • Managed Funds
  • Aged Care Advice
  • Superannuation

To visit the Surfcoast Financial website please click here.

Insurance Planning

Insurance Services

Income Protection Insurance

Income protection insurance provides a regular (usually monthly) payment, if the insured person is temporarily disabled due to illness or injury. Most policies will allow the person to insure themselves for up to 70% of their gross income.

A monthly benefit is paid to the owner of the policy for the length of the benefit period, if the insured person is still disabled after their waiting period has expired.

Life Insurance

Term life insurance provides a lump sum benefit if the insured person dies. The benefit is paid to the owner of the policy, if they are different to the life insured. If the owner is the same as the life insured, the benefit is paid to the nominated beneficiary, or the insured person’s estate.

Total and Permanent Disablement Insurance

TPD insurance provides a lump sum benefit, if the insured person is totally and permanently disabled and unable to return to work.

Trauma Insurance

Trauma or critical illness insurance provides a lump sum benefit, if the insured person is diagnosed with one of the specific medical conditions listed in the insurance policy.

The medical conditions covered vary with each insurance provider, but generally cover cancer, heart attack and stroke. Trauma insurance may be offered with term life insurance as linked cover. When trauma insurance is taken out with term life insurance, trauma sum insured cannot exceed the term life sum insured. Trauma insurance can also be taken out as stand alone cover.

Business Expenses Insurance

Business expenses insurance covers the fixed costs of running a business if the owner is temporarily unable to work due to ill-health. It covers costs including staff salaries, rent, business mortgage payments, utilities and rates.

Key Person Insurance

Key person insurance protects businesses from the loss of a key person whose capital, knowledge, client base or experience are vital to the company. For example, a company director, an employee with specialised skills, a salesperson who is responsible for providing a large portion of business revenue or a key supplier.

Shareholder | Buy Sell Insurance

Business succession refers to planning how a business will be managed in the event of death, illness, injury, retirement or departure of one of its owners.

Our Process

Pre-Discovery Meeting

‘Meet and Greet’ – get to know you, discuss who you are, how we can help you and the costs of our advice. Some clients skip this step and move to the Discovery Meeting or seek general advice. At the end of this meeting we usually send you a link to our online health questionnaire to assess your health prior to proceeding.

30 mins

Discovery Meeting 

In-depth information gathering process. We will look at your need for personal insurance and financial goals. We will also collect information about your personal circumstances. At the conclusion of this meeting we will send you a terms of engagement and also any forms we may need to collect further information on your superannuation or other insurance policies.

1 hour

Plan Preparation and Research

This step is completed by our staff internally and includes strategy work and preparation of your statement of advice.

10 – 15 hours per client

Strategy Meeting

Presentation of your statement of advice and recommendations. Together we decide on an appropriate approach to proceed.

1 – 1.5 hours

Implementation Meeting

A meeting to complete your relevant paperwork which may include insurer application forms or cancellation forms.

1 – 3 hours

Lodging of Advice

This step is completed by staff in our office and includes follow up of your lodged applications forms or cancellations and confirmation to you along the way.

5 – 10 hours