Risk Insurance

We are Risk Insurance Specialists

Life insurance plays a crucial role in protecting ourselves, our families and our businesses against the risks associated with temporary disability and illness, permanent incapacity and death. Fortunately, medical science ensures we are able to recover from many serious illnesses, but we may then need to cope with any financial consequences. A well thought-through personal insurance portfolio can be relatively inexpensive and an effective means of protecting your lifestyle and assets.

Financial Life specialises in personal insurance. Since the mid 1990s we have developed the expertise and experience to ensure our clients get the appropriate insurance cover at the most reasonable cost.

The types of personal insurance we offer are: 

  • Income protection insurance – regular payment of up to 75% of your regular income to cover the loss of a wage or salary in the event illness or injury prevents you from working temporarily. (link to page 4.1) 
  • Life (term) insurance – a lump sum payment payable on death or the diagnosis of specified terminal illnesses. (link to page 4.2) 
  • TPD – (Total and Permanent Disability) – lump sum payment for when an individual suffers a total and permanent disability. (link to page 4.3) 
  • Trauma – lump sum payment to cover certain critical illnesses and conditions as specified in the policy, ie heart attack, stroke, cancer. (link to page 4.4) 

When calculating the cover required we will take into account your full financial position including:

  • Your assets and sources of income
  • Your existing superannuation account balances and insured benefits
  • Outstanding debts and liabilities
  • Your family’s lifestyle and need for income
  • An emergency fund

Our expertise ensures we select the right policy and level of cover for your needs. We also consider the tax and estate planning issues that go with ownership of the policies.

Our personal insurance solutions are regularly reviewed to ensure they protect the key assets of our clients – their lifestyle, income, business assets and financial security. 

For a complimentary review please phone Adam Stewart on (07) 4639 1268.

Financial Life Pty Ltd (ACN 107614415) is an authorised representative of AMP Financial Planning Pty Limited, Australian Financial Services Licensee

AMP

DISCLAIMER
Any general advice in this information does not take account of your personal objectives, financial situation and needs. Read the relevant Product Disclosure Statement before acquiring any product mentioned on this website.