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Personal Insurance

Young businessmanHave you ever thought about all the changes that happen around you that affect your lifestyle? Many of these changes are not apparent until it is too late. In this changing world, Personal Insurance is just one area that does change dramatically but most people tend to "set and forget".

Has your life changed since your last insurance review? Relationship breakups, new legislation and changes to taxation rules can render your asset protection and estate plans obsolete.

At Carrick Ashmead Wealth Planning we can review your Personal Insurance needs and provide you with a report based on your personal situation. We have a qualified Life Insurance Authorised Representative of Millennium3 Financial Services that can analyse your portfolio irrespective of which company you have your plans with.

Our concise report will show you:

  • How much risk has been placed with a Life Office and how much you carry
  • What events you are covered for
  • Who will receive the proceeds
  • The effect of taxation on proceed

Your Lifestyle needs will change and so too will your Protection needs

Personal Insurance encompasses a range of products:

  • Life Insurance
  • Total & Permanent Disablement Insurance
  • Trauma Insurance
  • Income Protection
  • Business Protection Insurance

These products are used to fund many needs:

  • Family Protection
  • Debt Protection
  • Estate Planning
  • Business Succession
  • Keyman Insurance
  • Guarantor Protection

Do I need to review my Insurance Program?

Below is a brief questionnaire you can use to establish if you think you need a review.

  • If you died, will your family/business have enough to survive?
  1. Yes
  2. No
  3. Unsure
  • If you lost your income through disability, how long could you/your family get by?
  1. Indefinitely
  2. 3 Months
  3. Less than 1 month
  • If you were totally disabled, suffered a heart attack or were diagnosed with cancer, could you maintain your current standard of living?
  1. Yes
  2. No
  3. Unsure
  • Do you know if your life insurance claim proceeds will go to the people you want them to go to?
  1. Yes
  2. No
  3. Unsure

If you have answered B or C to any of the above questions, you should consider calling us for an assessment of your situation, contact Carrick Ashmead for an appointment to discuss your needs.

 

 

 

 

Carrick Ashmead Wealth Planning is a corporate authorized representative of Millennium 3 Financial Services Pty Ltd ABN 61 094 529 987 Australian Financial Services Licensee- Licence Number 244252 Unit 7 ,50 Bothwick Avenue QLD 4172