A sound financial strategy needs to include preparing for things you hope will never happen: loss of income, accidents, and even death. You need to know that your family, your assets and your income stream are protected if the unexpected happens.
We can conduct a personalised insurance needs analysis, consider structuring and recommend the best mix of products for you. That might include Life insurance, Total and Permanent Disability insurance, Trauma Insurance, or Income Protection insurance.
Life Insurance
Life insurance provides a lump sum payment to your named beneficiary upon your death. Life insurance is used to provide your family with sufficient funding to maintain the same standard of living and quality of life.
Total and Permanent Disability (TPD)
Total & Permanent Disability (TPD) insurance provides a lump sum to you in the event you are totally and permanently disabled. TPD Cover is used to clear debts, provide funds for medical costs and annual income to ensure you and your family maintain the same quality of lifestyle in the event you are totally and permanently disabled.
Trauma/Critical Illness Cover
Trauma Insurance pays a lump sum to you in the event of a significant health problem. These events include illnesses or injuries that will make a major impact on your life, such as heart problems, cancer and stroke. Trauma cover is used to help you fund and overcome serious living illness as well as create a financial buffer allowing you to recover from illness without financial stress.
Income Protection
Income Protection provides a percentage of your income if you are temporarily unable to work due to sickness of injury. There are a number of factors, definitions and features to consider when buying an income protection policy. Income Protection is used to help you meet your ongoing financial commitments in the event that you cannot work and derive an income due to sickness or injury.
We can conduct a personalised insurance needs analysis, consider structuring and recommend the best mix of products for you. That might include Life insurance, Total and Permanent Disability insurance, Trauma Insurance, or Income Protection insurance.
We can assist with advice on the correct level of insurance cover, insurance structure, the most tax effective way of holding cover, and how to incorporate it into your comprehensive financial strategy.