"Good size group, Scott was very approachable and explained things in laymans terms. He explained things very well"
Julie S - Mona Vale
Wealth Protection
|
Wealth Protection involves four main types of insurances including: Life Insurance - Provide a lump sum to your family in the event of death. This will assist in covering immediate concerns such as funeral costs and debts. It can also alleviate the long term risks to your financial security by providing an income stream to replace the one that was lost. Total and Permanent Disability Insurance - This can assist in providing an ongoing income stream to replace the money you would of earned if you were able to work. Income Protection Insurance - Income Protection is a monthly benefit that pays you up to 75% of your income and covers you for accidents, illnesses or major traumas until you return to work. Trauma Insurance - Prevents financial hardship from a major medical condition such as cancer or heart attacks. Australian's in general, have a significant underinsurance problem. The question we should all be asking is "What will happen in the event of death, disablement or loss of Job?" Recognising the importance of having the right level of cover with the right definitions at the right price, Successful Ways Financial Planning, utilising advanced quoting and needs analysis software, is able to provide a tailored solution for our clients. This "Wealth Protection" is an integral part of a financial plan and protects our clients in the event of an insurable incident. |