Did you know having the right insurances can be one of your best defence strategies?
You can plan for the best but insure for the worst because life happens – there is never any guarantee that everything will go to plan. If done correctly, the right insurances can minimise the risk of losing what you already have. The best offensive strategies are founded upon the best defence strategies.
These types of Insurances can help protect you and your family:
- Life/Death Cover – this gives a specific lump sum to your nominated beneficiaries, after your passing.
- Total and Permanent Disability (TPD) Cover – this gives a specific lump sum, to you or your beneficiaries, if a sickness or injury leaves you totally and permanently disabled.
- Trauma Cover – this gives you a specific lump sum payment if you are diagnosed with a critical and serious medical condition or illness. During this time, the impact on your finances can be catastrophic. The main types of conditions include cancer, heart attack, stroke etc.
- Income Protection Cover – this is also known as salary continuance. This insurance cover replaces your regular monthly cover, which helps you meet your financial expenses caused by an illness or injury.
Protect your business, too
All those insurances are designed to protect you, your family – and even your business. That’s right! A lot of businesses have all kinds of protection for their equipment, fleet and property, yet they forget to protect their most valuable asset. Their people! This is an area of specialty here at Wealth of Advice.
Talking about these topics may help eliminate any fears you may have
At Wealth of Advice, we understand this may not be your favourite topic – but talking about it can take the fear away and help us find the right covers for you.
We hold your hand through the whole process – at the beginning, in the middle and at the end. We are there when you need us the most, even at claim time. These life-threatening events can happen to anyone – even you. We believe having the right cover and the right professionals alongside you can significantly improve your chances of financial survival.