At MLS Financial, we provide clear, personalised advice on Life Insurance in Penrith and Western Sydney. Whether you’re protecting a young family, covering a mortgage, or safeguarding your future income, the right insurance strategy gives you financial certainty when life doesn’t go to plan.
Our advisers help you understand what cover you need—and just as importantly, what you don’t. We focus on value, flexibility and the right structure for your circumstances. From Life Insurance and TPD to Trauma and Income Protection, we take the stress out of getting protected.
Life doesn’t always go to plan. Illness, injury or sudden death can cause significant emotional and financial strain on a family. Life insurance ensures your loved ones are taken care of, your debts are covered, and your income is replaced if you can’t work.
Having a structured insurance plan in place provides:
If you haven’t reviewed your cover recently—or don’t have any in place—it’s worth considering how your family or household would cope if something unexpected happened.
We offer comprehensive, objective advice on all major types of personal insurance:
Life cover provides a lump sum payment to your beneficiaries in the event of your death or terminal illness. This can help pay off debts, fund children’s education, or provide ongoing financial support to a surviving partner.
Key features:
We help you determine the right level of cover, compare insurers, and structure the policy tax-effectively.
TPD insurance pays a lump sum if you suffer a permanent disability that prevents you from returning to work. This may include a serious injury, neurological condition, or chronic illness.
Key features:
We guide you through the different TPD definitions and ensure the cover matches your occupation and financial needs.
Trauma cover pays a lump sum if you’re diagnosed with a major medical condition such as cancer, stroke, or heart attack. It’s designed to give you financial breathing room during a difficult time—whether that means taking time off work, paying for treatment, or reducing stress on your family.
Key features:
This cover is particularly valuable for those with family history of health concerns or dependants relying on them financially.
Income Protection replaces a portion of your income if you’re unable to work due to illness or injury. It’s one of the most practical forms of insurance, especially for anyone that relies on their income to fund their life and ongoing financial commitments.
Key features:
We work closely with you to determine the right balance between premium cost and policy benefits—including options for shorter vs. longer benefit periods, and funding through superannuation if cash flow is tight.
At MLS Financial, we believe insurance should be tailored to your life—not just your income. We consider your dependants, debts, future plans, and cash flow to ensure your cover is right-sized and structured correctly.
Young singles and couples
Families with young children
Business owners and professionals
Pre-retirees and older clients
That depends on your debts, dependants, income and goals. We work with you to calculate a meaningful amount of cover—enough to meet your family’s needs without overpaying for unnecessary insurance.
Each has its pros and cons. Holding insurance inside super can help with affordability, but may have limitations (e.g. on TPD or Trauma definitions). We’ll recommend the most appropriate structure for your needs.
Yes, premiums for Income Protection policies held outside super are generally tax-deductible. This can reduce the effective cost of your cover and improve cash flow.
Trauma pays on diagnosis of a listed medical event (e.g. heart attack or cancer), while TPD pays if you’re permanently unable to return to work. They serve different purposes and can complement each other.
Yes. We regularly review our clients’ insurance needs to ensure the cover remains relevant—especially as life changes (marriage, kids, career changes, retirement).
We’re not just insurance brokers—we’re financial advisers who consider insurance as one piece of your wider financial strategy.
What makes us different?
We believe in clear, practical advice to ensure you and your family are protected.
If you’re looking for Life Insurance Advice in Penrith, we’re here to help. From Income Protection to Trauma and TPD, our advice is designed to give you peace of mind—and protect the people who matter most.
Call us on 1300 791 800 or contact us to organise your personalised insurance review.
Your future is worth protecting. Get peace of mind with MLS Financial.
