The wise know to control what they can without sweating the rest!
What this means in reality is that you can either choose to pay a small amount of money to make your death or disability etc. some insurance company’s financial problem or you can keep your premiums and your money problems … all to yourself!
Again, as an ex-financial adviser of some 25 years, Intellisolve understands the significant risks to your well-being and efficiently refers you to an appropriately qualified and licensed and or authorised person to implement mitigation arrangements where possible using sensible, cost-effective insurance products from reputable, solvent insurers.
Also, as and where appropriate, a good financial planner will place your life insurance within the superannuation environment to preserve your personal cash flow.
Our associates in this space are proven experts in insurance advice.
With these measures in place, as such from a financial perspective at least, your precious future dreams can still be fulfilled.
The basis of any financial plan for those not yet retired is established upon their ability to continue to earn income.
Similarly, should you suffer an untimely death, your family will be left with your ‘final expenses’ and the need to replace your earning power.
In addition, most uninsured or under-insured businesses can equally suffer devastating consequences upon the death or disability of senior personnel.
It is critical therefore that these issues are addressed as a first step, as any subsequent steps are highly likely to fail should the chances arise.
There are two different classes of insurance, which include Personal Insurance (life) and General Insurance (non-life).
(Note): Each of the following can also be applied in a business context to protect loans, business partners, key personnel etc.
[Motor, Home and Contents, Business and Private Health Insurance]
It’s imperative that you hold adequate cover to protect against fire, theft and other general perils (as well as your health).
Furthermore, all business owners should take out comprehensive business cover in accordance with their situation.
Whilst we’re not licensed to provide you with any general insurance advice or services, to best assist you to protect your interests, we have a relationship with Insurewest Pty Ltd (ABN 90 109 499 210), Insurance Brokers & Risk Managers (Insurewest), who will efficiently review and satisfy your every general insurance need and from whom we do not accept any form of payment or other reward.
Insurewest is an Authorised Representative of Winley Insurance Group Pty Ltd (AFSL holder no. 343573).
Insurewest provide accredited, professional insurance services to companies, partnerships, sole traders, associations and individuals as concerning risk identification and minimisation, policy selection and implementation and claims administration.
Insurewest offers in-depth knowledge of the Australian insurance industry as well as extensive experience of the insurance needs across the broad spectrum of businesses and industries that our clients operate in.
They aim to provide the highest level of professionalism and integrity and to tailor services according to your needs.
Please make no mistake in that this is a very important area to get right hence Intellisolve’s process includes automatically referring you for a quick, no-obligation general insurance health check as we don’t want you finding out the hard way i.e., after an event, that you should have sorted this and properly.
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