Personal and Business Protection
While many people insure their home, car and possessions, it is even more important to make sure your family and lifestyle are protected from financial misfortune.
Without a regular income, it can be a challenge just paying for everyday household expenses like groceries and power bills, while ongoing mortgage repayments or school fees can quickly eat away any savings. Worse still, if you’re self-employed and can’t work because you’re ill or disabled, you could be faced with the added pressure of the business bills rolling in.
The good news is that we can use risk insurance to structure a total financial protection package for you to protect against loss of income, disablement, serious illness and death.
While car and home insurance are relatively straightforward, personal risk cover can be complex, with many different options and levels of cover to choose from. We can help you decide which cover is right for you and what issues you need to consider. For example, which family members would you insure? When does it make sense to insure a non-working spouse? How should the benefits of any payment be distributed? What benefits are available within your superannuation scheme? What are the tax implications of taking out insurance?
If you own a business we can also review your business insurance needs. For example, is there ‘key person’ protection in place for the business owners and managers? Are the business assets and stock adequately insured against theft and damage?
A Vista Financial Group financial adviser can help build you a financial plan that suits your financial and life goals. Please contact us on 03 9598 8002 or email us to discuss.
Information in this web page is based on regulatory requirements and laws, which may be subject to change. While care has been taken in the preparation of this document, no liability is accepted by Affinia Financial Advisers Limited, its related entities, agents and employees for any loss arising from reliance on this document.
All of the material published on this website is for information purposes only and does not constitute advice.
This information is of a general nature only and have been provided without taking into account all of your objectives, financial situation or needs.
Because of this, we recommend you consider, with our without the assistance of a Financial Adviser, whether the information is appropriate in light of your particular needs and circumstances.