Insurance risk review
Insurance is often described as a "necessary evil".
However, risk insurances are absolutely critical – especially for people that have financial commitments such as borrowings. It's morbid, but it's important to ask yourself what happens if the key income earner in your family dies? What if they can't work anymore? Who is going to pay the mortgage and other commitments?
Our insurance risk review identifies your key risks and the associated insurance which mitigates or eliminates those risks. We consider such insurances as:
- income protection
- total and permanent disability
- life insurance
- loan protection
- buy and sell agreements (partnerships)
As we do not accept any commissions, the premiums we can arrange are often 20% to 30% lower (per annum). In addition, we can consider other insurance providers like your super fund which often offer very low cost life insurance, etc. In addition, your employer might offer insurances such as income protection and we can assess the level of coverage.
Download our 2-page financial planning test to see how well you're doing with addressing your personal financial planning needs.
