Personal Insurance Advice
The right cover means your family’s financial future is protected, whatever happens.
Intro
Insurance is the part of financial planning nobody wants to think about. Which is exactly why so many Australians are either uninsured, underinsured, or paying for cover that doesn’t actually match their needs.
The right personal insurance strategy gives you and your family a financial safety net when you need it most, without paying for cover you don’t.
The four types of personal insurance
Life insurance
Pays a lump sum to your family if you die. Typically designed to clear debts, replace lost income, and provide financial security for the people who depend on you.
Total & permanent disability (TPD)
Pays a lump sum if you become totally and permanently disabled and are unable to work. Typically helps clear debts, cover medical costs, rehabilitation, and ongoing living expenses
Income Protection
Replaces up to 70% of your income if you’re unable to work due to illness or injury. The most commonly claimed type of personal insurance and often the most important for working Australians.
Trauma
Pays a lump sum on diagnosis of a specified serious illness such as cancer, heart attack, or stroke. Gives you financial breathing room to focus on recovery without worrying about income or expenses.
How we approach insurance
We review your current insurance position across all four types, assess what cover you actually need based on your income, debts, dependants, and existing cover, and then go to market across multiple insurers to find the right policy at the right price.
We don’t favour any single insurer. Our job is to find cover that genuinely suits your situation and hold up when you need to make a claim.
Insurance held inside super versus outside super also involves important trade-offs around tax, premiums, and claims. We work through all of that with you so you understand exactly what you have and why.
A note on underinsurance
Research consistently shows that most Australian families are significantly underinsured. The gap between what people have and what they actually need to maintain their lifestyle after a serious illness or death is often substantial.
An insurance review costs nothing extra as part of our holistic advice service, and takes far less time than most people expect.