For you and your wealth.
Wealth Protection
Wealth protection is all about reducing the risks associated with your goals and the achievement of them.
We don’t think people love the idea of insurance, and it carries a somewhat negative stigma of being sold for the wrong reasons to people that don’t really need it. We don’t do that. We do want to ensure that once you’re clear on where you want to go, you aren’t knocked off your path by something that is avoidable. Not at any cost, but we help you ascertain how to build the solution appropriate for your situation. This is a conversation between us and our clients, not a prescription.
You may be thinking ‘who needs life insurance?’ Simply, if you have a family who is financially dependent on you and/or have debts that are serviced from your income alone, you should consider the peace of mind life insurance may bring. Obviously, the greater your financial obligations and the more dependents you have, the more insurance you may need to protect your assets and your family’s financial security.
Life is full of uncertainty and often the unexpected can occur. The death, injury or illness of a loved one can place an enormous strain on a family both emotionally and financially. Have you considered how your family would cope financially, if something were to happen?
Having a financial safety net in the event of sickness, disability or death can help ensure you and your family are protected during a difficult time.
TOTAL AND PERMANENT DISABLEMENT (TPD)
TPD cover provides a lump sum if you become unable to ever work again due to a permanent disability, sickness or injury. This cover can help you pay for medical expenses, repay major debts and help provide for your future. If you are unable to take care of yourself, you may need help with this, and to obtain this without other ongoing income might be a problem. We find this is often confused with trauma cover, but they cover very different things.
TRAUMA COVER
Trauma cover provides a lump sum if you’re diagnosed with a medical condition or undergo a procedure outlined in your policy. This may include a heart attack, major organ transplant, cancer or stroke — to name a few. Trauma cover is designed to help cover your medical costs and living expenses, providing you with some financial security during the important recovery period.
DEATH COVER
Death cover may be important for people of all ages, especially if you have others relying on you and large debts such as a mortgage. Death cover provides a lump sum to your beneficiaries if you die. It is about protecting the financial impact of you not being here earning income and paying for things. This can be used to help meet the costs of your mortgage, other debts and/or cover your family’s future expenses. Many policies make an advance payment of the insured sum if you are diagnosed with a terminal illness. With Death, Total Permanent Disablement and Trauma cover you can:
Find comfort in knowing your family will receive a lump sum payment to help them financially if you were to die or become terminally ill.
Receive financial support if you become seriously disabled, maintain your quality of life and help meet the cost of rehabilitation programs and daily living expenses with TPD insurance.
Take the financial pressure off and give yourself time to recover, should you experience one of the traumatic events listed in your trauma cover policy, including cancer, stroke, heart attack and coronary artery surgery. Children’s trauma cover can also be selected - if something happens to your children it is the parent that will cover the cost of treatment, time away from work and more.
INCOME PROTECTION INSURANCE
You insure your car, the family home and even your health – so why not your ability to earn an income. For many of us our capacity to earn income might be our largest asset!
Have you ever thought about what would happen if you became ill or were injured and couldn’t work for an extended period of time? Would you be able to meet your financial commitments without your regular income? If not, it’s time you considered income protection. When you think about what life would be like without your regular income, your earning capacity becomes possibly your greatest asset. Chances are, you’ve based the achievement of your goals and ambitions on having a regular cash flow. If you became ill and were unable to work and maintain that cash flow, your goals may no longer be achievable. We find many clients can’t even imagine not being able to earn money, but of course it can happen.
BUSINESS INSURANCES
What would happen to your business if you were too ill or injured to work? Key-person insurance can help cover the absence of someone the business is reliant on to function, either temporarily or permanently. Business Overheads Insurance helps you meet your ongoing business expenses by reimbursing eligible business overheads as a monthly amount if you are too ill or injured to work.
PROTECT YOUR BUSINESS EXPENSES
Recover with peace of mind knowing that, if you are unable to work due to injury or illness, your business overheads insurance will reimburse your business expenses such as:
Rent
Property Rates
Vehicle leases
Salaries