Insurance Advice
Life is unpredictable and it’s best to be prepared for the unexpected for yourself and the loved ones around you!
Often when starting this process there are so many questions and unknowns, let us take away the stress and help navigate you through this process. Remember, a reliable insurance plan is essential when issues arise that are out of your control.
Customers often focus on their wealth creation strategies however a wealth prevention plan is just as important. Wealth preservation (risk insurance) helps you protect your ability to create this wealth. Your wealth creation plan will be based on the assumption you'll stay healthy and live to a certain age, but there may be unforeseen circumstances which can impact your plans. Risk insurance may help you to continue meeting your financial goals if you lose your ability to work through illness or injury.
Life Insurance
Provides your family and loved ones with a lump sum payment if something was to happen to you. The lump sum will replace the income you would have earned, pay off any loans you have and assist your family financially. This insurance provides a sense of security for you and family.
Income Protection
Income protection is for if you were unable to work due to illness or injury, you would receive monthly payments until you are back on your feet and back to work. It’s there to act as a replacement income for the period you are off work.
Total & Permanent Disablement (TPD)
When an injury or illness becomes permanent it can be challenging or impossible to return to the workforce. TPD insurance provides financial support to you and your family for medical and rehabilitation costs.
Trauma or Critical Illness
If you are diagnosed with a trauma or critical illness you may be entitled to receive a lump sum of money to help support your medical and rehabilitation expenses. This lump sum helps support yourself and you family whilst you are experiencing this critical illness and most likely unable to work.