Income Protection Insurance

By: Wealth Effect Group   23-Jul-2012
Keywords: Income Protection

An integral component of your financial strategy is to protect your income earning potential. What would happen to you if you were unable to work and draw an income.

In many instances people are required to dip into savings or draw on home equity to cover loan costs along with medical and daily living expenses.
This can drastically impact on any future saving ability, reduce capital for retirement and may permanently reduce their standard of living both now and in the future.

A Wealth Effect Group adviser can help by:

·Structuring an insurance portfolio in the most tax efficient manner considering your cash flow requirements

·Proposing the most suitable and affordable insurance portfolio from highest ranking insurance providers in the market.

·Ensuring you can continue to receive an amount to cover super guarantee payments.

·Navigating the complex underwriting process allowing for any existing medical conditions or unusual employment arrangements.

·Organising insurance to meet the requirements of business owners, and

·Creating a ‘total family’ insurance portfolio’s within an SMSF to protect each age group no matter what life stage.

Your personal insurance consultation:

A WEG adviser will work with you to calculate an appropriate amount of cover. We take into account any existing policies you have, identify any gaps and put in place measures to close them.

Keywords: Income Protection

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