Insurance
It seems like there’s insurance cover for just about every person, thing and event in your life. So it’s important to know what you actually need cover for and have peace of mind that your family won’t be caught out by exclusions or red tape.
Your Infocus Financial Adviser can check your current insurance, or put new insurance in place, to make sure you are covered for everything you and your family need at the lowest possible cost.
Life Insurance
It can be hard to think about and plan for, but making sure your family has a safety net, should circumstances change, is one of the best investments you can make. Your Infocus Financial Adviser can help you work out the right level of cover, taking into account things like your mortgage, car and credit card repayments, school fees and other life expenses. They can also look at your superannuation fund insurance and advise whether it’s the most appropriate cover for you.
Total & permanent disability insurance
If you become ill or incapacitated from an injury, you may be forced to leave the workforce permanently. On top of your mortgage, car and credit card repayments, you could also face mounting medical bills.
Much like life insurance, total and permanent disability insurance (TPD) provides financial stability for your family in the event you are unable to return to work. Your Infocus Financial Adviser can help you select the best level of cover for your family and lifestyle.
Trauma insurance
Accidents and illness are a fact of life. However, if the worst happens you could be facing a long road of rehabilitation and recuperation. The last thing you need while recovering is the stress of worrying about family finances and paying bills.
Trauma insurance can provide you with a tax-free lump sum if you suffer from accident or illness. Your Infocus Financial Adviser can help you decide on the level of cover you need to keep you going until you’re back on your feet.
Income protection
One of the most important assets you have is your ability to earn an income. If you weren’t earning for a period of time, how could you or your family continue to live your lives the way you do today?
Income protection insurance is exactly that: a way of ensuring that if you aren’t able to work for any reason, your income can continue to be paid.
Talk to your Infocus Financial Adviser about the levels of income protection insurance that are right for you, including things like waiting periods, so you know that if you’re not in a position to work, you’ll be OK.
