Getting the right personal insurance covers with cost effective premiums to protect you or your family is a key element of securing yourself a stronger financial future. You insure your car, your house and possessions, but what about your most valuable assets? That is you or your family – right? Find out more about starting a personal risk plan and reviewing your life insurances.

How can we help you with your personal risk planning and life insurances?

The first step is assessing the personal risks in your life (some you may not have considered), to establish what insurances are appropriate for you and what levels of cover may be required. We ideally then personally tailor a plan for you that will provide you the protection you or your family need at each stage in your life.

We will discuss and discover:

  • Your existing insurance and cover (or your families)
  • Different types of insurance and cover options
  • Premiums, how they can be paid and if you’re paying too much
  • The amount of cover and if it’s sufficient to your needs
  • What is important to you when it comes to insurances


The outcome will be to find the right level or insurance to risk so you can feel secure in protecting yourself and/or your significant others.

Types of Insurance

Pays a lump sum benefit to your estate or intended beneficiaries/s should you pass away or you meet the policy definition of ‘Terminally Ill’ during the period of cover.

Pays you (the life insured) a lump sum should you suffer a total and permanent injury or illness, which prevents you from returning to work as defined by the Insurance policy definitions. Each policy may be different so it is important to have an understanding of what type of TPD cover you have in place or might need.

Pays you a lump sum in the event you suffer a major injury or critical illness such as Heart Attack, Cancer, Stroke, Dementia and many other predefined events. Many of these events are all too common – most people will have a friend or family who has suffered one of these events.

Designed to replace your employment income should you be unable to work due to injury or illness. Income Protection pays a monthly income benefit which is generally restricted to 75% of your gross income/salary. Premiums paid can be tax deductible to the policy owner. There are a number of choices to consider when it comes to Income Protection – it is important to seek professional advice on the most appropriate options for you.

Similar to income protection, however it’s for your business. It enables the business to continue to operate if you are temporarily disabled and unable to work. Business Expense Insurance is designed to insure your fixed business costs as a monthly reimbursement so you can focus on recovery.

People choose to have insurance for, which we will discuss in your personal risk assessment, include: Debts (home loans, investment loans, personal loans, vehicle loans and credit cards), funeral expenses, future education costs, estate planning equalisation, future living costs, medical, pharmaceutical and rehabilitation costs, home and vehicle modifications or taxation.

Steps of Financial Planning

Our first contact maybe be over the phone or in person. We’ll discuss some basics about your financial interests, where you would like assistance, explain some of the financial planning steps, start to discuss documentations / statements of your basic assets, liabilities, identification. We will then organise a specific time to dive deeper into your financial and lifestyle goals to identify what is important to you.

In this no obligation discovery meeting we will discuss life and financial goals in conjunction with your current financial situation. We will help identify your financial strengths and weaknesses and outline potential strategies which may be beneficial for you to consider. We will give you an outline of the next phase of the financial planning process and provide an early indication of fees for any future work you would like us to complete.

Our next step includes an engagement meeting to discuss a number of strategies and any pre-work required to give an accurate picture before creating your personalised plan. Depending on your unique circumstances and the complexity of your requirements, we may invite you in for a 2nd meeting to discuss our findings, provide further education on strategies we believe are relevant and advantageous to you. It is our goal to make sure that you understand what and why we are short listing strategy options and alternatives which relate to your objectives.

We provide you with your formal personalised advice document (Statement of Advice) and step through each recommendation with you to ensure you have a stronger understanding of how each step helps to achieve your goals and objectives. We then allow you to read through your advice at your own leisure and come back to us with any further questions.

Implementation Meeting (Optional) – we strongly encourage all of our clients to read through our advice and additional documentation and come back to us with any questions before signing our Authority to Proceed (which allows us to proceed with implementing your personal advice). Once complete, we step you through any paperwork required to implement steps within your advice with you and explain what each form or document is intended for.

This is highly recommended as your objectives and circumstances will change and evolve over time, further we need to ensure your strategies remain on track with your initial stated objectives. Financial planning is a dynamic process and does not end when you take particular action. We may provide additional advice during this phase due to economic or social fluctuations, new opportunities arising or if your circumstances have changed. Periodic reviews allow for your strategies to keep pace with new financial product and services, economic, legislative and taxation changes which can impact your original plan.

Financial Planning Packages

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