Risk Insurance
Risk insurance policies are financial products that will pay the policy holder if the ‘insured event’ – such as becoming unwell and being unable to work – happens.
Insured events include things like temporary illness, permanent illness, temporary injury, permanent injury, or the premature death of the insured person.
Risk insurances insure your good health, which is actually your most important financial asset. That is why risk insurances are almost always the essential first step in any financial plan. Insuring yourself against a loss of income or earning ability allows you to ensure that life for you and your loved ones goes on with the quality you want, even if something unwanted happens.
We provide the complete range of risk insurance services: death cover, total and permanent disability (TPD), income protection and trauma cover. We help you calculate the type and amount of each cover that you might need, as well as discuss other ways that you can protect yourself against financial loss.
We also show you how to minimise the premiums, especially after-tax, without unnecessarily compromising the quality of the policy or the level of cover that you acquire.
If cash flow is tight, we can assist you to find ways to insure yourself that minimise the demands on your day-to-day income. And, of course, as financial planners we can help you find ways to enhance your income. This makes everything more affordable, not just your insurances.
Relevant Articles
6 Practical Tips for Optimising Your Life Insurance (Death Cover)
Discussing death is challenging, but it's an unavoidable aspect of life. Taking the initiative to secure life insurance early on plays a crucial role in guaranteeing your family's financial well-being. It's important to tackle this process carefully. To assist you with that, we've put together six practical tips which cover everything from accurately assessing your coverage needs to the importance of regular policy reviews. Together, these six tips form a solid foundation for choosing life insurance that best serves you and your family.
How to Keep Your Business and Personal Money Healthy
In this article, we delve into the essential strategies for maintaining a healthy balance between your business and personal finances. From setting up robust budgeting practices to understanding the importance of separate emergency funds, and navigating the complexities of insurance coverage including health, life, and disability insurances, this guide is designed to safeguard both your personal well-being and business success. By illustrating practical steps and real-life scenarios, we aim to empower entrepreneurs with the knowledge to make informed financial decisions, ensuring a stable and prosperous journey in both their personal lives and business ventures.
Halloween is a good time for… reviewing life insurance!
If you live near where we live, then for the past month or so you would have seen local homes being ‘decorated’ with fake cobwebs, skulls and crossbones and carved out pumpkins. Personally, we think the best use for a pumpkin is a nice thick soup. But maybe Halloween can serve another useful purpose for you this year.