Insurance & Wealth Protection
Helping you make the most informed decisions on the right level of insurance cover to look after you, your loved ones and your financial security.
Your life. Your family. Your business. Your future. You want to protect them all from the unforeseen.
No matter your age, having the right personal insurance is essential to your financial security and to protect your current lifestyle, business, retirement plans and underpin your wealth creation strategy.
As part of our overall approach to developing a holistic financial plan, we carefully examine your current and future needs, and then research and analyse the best insurance solutions for you. Our experienced advisors will take the time to explain what you need and why you need it, so you can make the most informed decisions on choosing the right level of insurance to look after you, your loved ones and your financial security.
Types of insurance cover:
Our advisors will work with you to identify the optimal types and levels of cover, to protect you, your family and your lifestyle, now and into the future. Whatever type of insurance cover you need, our long-standing professional relationships with leading insurers, enables us to offer you polices with more favourable terms than you may find elsewhere. We can help you find the best policies for:
Income protection: Income protection helps cover your everyday living costs if you are unable to work due to illness or injury. Income protection pays up to 75% of your income if you are ill or injured – providing financial relief at a time when you need to be concentrating on getting back on your feet.
Trauma insurance: Trauma insurance gives you financial freedom if you become critically ill or injured and require extensive medical treatment to recover your health. It is a lump sum cover that will assist you during hard times in the event that you suffer one of the defined medical events such as cancer, a heart attack or a stroke. It will allow you to access the best medical treatment available, pay for your rehabilitation, and cut back on your work hours to concentrate on your recovery.
Life insurance: Life insurance provides for your loved ones in the event of your death, or if you are diagnosed with a terminal illness. Life insurance provides your loved ones with a lump sum payment that can help ensure their financial security. It can allow your family to keep their home, provide for your children’s education and allow them to continue living the life you had planned together.
TPD insurance: Total & Permanent Disability (TPD) insurance provides for you if you were to become permanently disabled due to accident or illness, and are unable to work. Total & Permanent Disability insurance provides you with a lump sum payment, giving you the means to access the best medical and rehabilitation treatments, and providing you with financial security so you can go on making the most of your life.
Buy/Sell insurance pays a lump sum if you or one of your partners dies or suffers a serious illness or injury and are unable to stay in the business. The payout helps ensure that the remaining owners can acquire the departing owner’s share and continue running the business. It should also help ensure that the departing owner or their estate will be fairly compensated for giving up their rights to the business.
Key Person Insurance (also called key man insurance) is a type of corporate-owned life insurance plan which insures an employer against the death or incapacitation of a key employee, usually an executive or partner. It is used by both large companies and small partnerships alike.
At Partners Wealth Group, we won’t just help you find the right insurance for your needs. If the need arises to make a claim on your policy, we will be there for you, helping you every step of the way.
PRPIA Pty Ltd (ABN 61 144 888 433) trading as Partners Wealth Protection, is an authorised representative of Charter Financial Planning Ltd ABN 35 002 976 294, Australian Financial Services Licence and Australian Credit Licence No. 234665.