Personal Insurance Advisor Melbourne

Personal Insurance Advisor Melbourne

Personal Insurance Advice

As you consider the most important things to protect in your life, such as your family, your future, and your lifestyle, it is important to have a plan in place to cover you during times of unexpected events. By having the right plan, you can ensure that you have the right amount of insurance with the right policies that are suitable for you and your family’s circumstances.

Types of Personal Insurance Available

Life Insurance

We are all aware that life is full of unexpected surprises. A loved one’s death can place an enormous emotional and financial strain on a family. In the event of death, life insurance pays out a lump sum. This protects loved ones and helps to pay off any outstanding debts, such as a mortgage or investments. There should also be enough for your family to continue living their lives without financial stress.

Income protection insurance

Your most valuable asset may be your ability to generate income. Your primary responsibility is to provide for yourself or your family. Income protection insurance is one of the most important insurance policies available. It is intended to replace your income if you are unable to work due to illness or injury.

You can obtain income protection insurance in a variety of ways, whether you invest through your super or out of your own pocket. We can assist you in determining the best type of income protection insurance for your needs. It may also be tax deductible to you.

Trauma Insurance – Critical Illness Cover

Trauma insurance is intended to protect you and your family from the financial consequences of serious illness or trauma by providing a lump sum payment that can be used to relieve financial burdens during this stressful time. Some of the common health conditions covered by Critical Illness Insurance are: Heart attack, Stoke, Organ failure, Cancers and tumors, Alzheimer’s disease / Dementia, and Deafness / blindness.

Trauma insurance provides a tax-free lump sum to help with school fees, medical costs, home loans, childcare, and other expenses, allowing you to focus your energy on getting better rather than worrying about money.

Total & Permanent Disability insurance

Serious illness or accidents can devastate a family’s finances and quality of life. Total & Permanent Disability (TPD) insurance policy can protect yourself and your loved ones even if you are unable to work again. TPD insurance policy can cover medical expenses, lost wages to you and your loved ones, debt payouts, and home modifications.

Why choose us?

Comprehensive analysis

Our team of experienced financial planners can conduct a comprehensive analysis of your personal circumstances and insurance needs to determine the level of coverage required. We can advise you on the appropriate type and level of insurance coverage needed to protect your financial well-being and that of your loved ones.

Regular reviews

We understand that your circumstances may change over time, and as such, we offer regular insurance reviews to ensure that your coverage remains appropriate and up-to-date.

we are Experience Private Wealth Advisor
We are Independent

Simplified process

 Dealing with insurance can be complex and time-consuming. Our financial planning company can simplify the process for you by managing the application process on your behalf, liaising with insurers, and ensuring that your coverage is in place when you need it most.

Ongoing support

Our commitment to you doesn’t end once your insurance coverage is in place. We offer ongoing support and advice to ensure that your insurance remains appropriate and effective, and can provide assistance in the event of a claim.

frequently asked questions

Personal insurance advisor helps you to select the best suitable insurance policies for your needs. They can explain the policy in detail mentioning: what are the circumstances covered, how much is covered, and many more details.
In general, yes. When the policyholder dies, has a traumatic or Total and Permanent Injury or illness most life insurance policies pay out the full-face value of the policy to the beneficiary.
Income protection insurance assist you to maintain up to 75% of your current income . It can be very useful if you are self-employed or own a small business and do not have sick or annual leave. If you are an employee it can help extend financial assistance past any sick or annual or long service leave you may be able to use.
In most cases, members have a 90-day waiting period (this is the default waiting period), unless you apply to change this to a shorter waiting period of either 14, 30- or 60-days.