Welcome to Evolution Mining (Mungari) Pty Ltd
Below is some important information about the Group Salary Continuance and Life and TPD Policies, which are managed by Horizon Wealth Management (“Horizon Wealth”).
You should note that Evolution Mining – Mungari offers and pays for Life, TPD and Salary Continuance insurance for permanent staff working 15 hours or more per week.
This is an extremely generous offer as Life, TPD and Income Protection insurance policies bought individually are normally very expensive. This type of offer is made available by very few companies in Australia.
Horizon Wealth is the appointed Financial Adviser to both the Group Life and TPD Policy and the Salary Continuance Policy.
The ability to earn an income is among a person’s greatest assets. Income pays for your assets such as your house, mortgage, education costs as well as helping to fund your living expenses.
Income Protection Insurance will replace income lost as a result of you being unable to work due to injury or illness, thereby ensuring that you and your family are able to maintain your standard of living.
Life Cover offers a lump sum payment can be used to repay debts and to provide for your family’s ongoing expenses and the education costs of your children.
TPD Cover is designed to pay a lump sum upon proof of you being totally and permanently disabled, according to the policy definition, with the proceeds going to Evolution Mining. Proceeds are then paid to you (net of taxation) as an ETP (Eligible Termination Payment). The lump sum payment can be used to repay debts and to provide for you and your family’s ongoing expenses.
Whom do I contact?
In order to save you time when you have a query we have created a contact sheet to direct you to the right resource.
1. Contact Horizon Wealth Management if you need:
- A copy of the Personal Statement for Salary Continuance, where applicable.
- Assistance with exercising the continuation option on the Life, TPD or Salary Continuance Policies.
Ph: Horizon Wealth Management on 02 9392 8700 or info@horizonwealth.com.au
General Advice Disclaimer
This information was prepared by Horizon Wealth Management. It is of a general nature and does not take into account your personal investment objectives, financial situation or particular needs. You should assess whether this general advice is appropriate to your individual objectives, financial situation and needs. You can make this assessment yourself or seek the help of a professional financial advisor or taxation professional.