Life Insurance

Life insurance is a distinct field requiring specific expertise. The right policy depends on your personal circumstances, your family situation, your business structure and your long-term financial goals. Generic advice simply isn't good enough when you're protecting the people and things that matter most.

Steadfast Life brings deep knowledge across the full spectrum of life and risk insurance products, including life cover, income protection, trauma cover, and total and permanent disability (TPD) insurance. They're fully accredited by ASIC as a Licensee in respect of Life and Risk Insurance Products (AFSL 421904), giving you confidence that you're receiving qualified, compliant advice.

Through this partnership, Maxton clients gain access to specialists who can ensure you and your family are protected financially in the event of death or serious illness.

While personal protection is vital, life insurance also plays a strategic role in business continuity and risk management. Every business relies on key people - owners, executives, specialist employees - who provide capital, generate revenue and drive profitability. When something happens to one of these individuals, the impact can be severe.

Steadfast Life advises on several key areas of business life insurance:

Protects against the financial consequences of losing a vital team member to death or disability. It provides funds to replace lost revenue, maintain stability, and if necessary, recruit a replacement — keeping the business on solid footing during a difficult transition.

(Also known as Partnership Insurance) funds the purchase of equity from a departing co-owner following death, permanent disability or major critical illness. Combined with a formal buy-sell agreement, this ensures remaining owners can acquire the departing owner's share quickly and efficiently, minimising disruption and providing certainty when it's needed most.

Designed for directors who have personally guaranteed business loans. If an insured event occurs - death, trauma or total disability - this cover helps ensure the loan is repaid, protecting both the business and the guarantor's family from that liability.

Tailored for small business owners, covering the ongoing costs of running a business if the owner is unable to work due to illness or injury. It pays a monthly benefit for up to two years to cover overheads such as rent, utilities and key employee salaries - keeping the business alive while the owner recovers.