Life Insurance in Dubbo & Central West
Did you know that for every home lost through fire, there are 3 homes lost through death and 48 homes lost through disablement?
Also, if you had a car accident and were seriously injured, or even killed, would you get more insurance money for the car than yourself?
So, if you asked yourself ‘What was my most important asset’, what would your answer be?
We find when most people are asked to list their five most important assets, they immediately think of possessions – for instance their home, car, boat, caravan or education. Few people, however, see their regular income as the single most important factor in maintaining their lifestyle and achieving financial security.
Protecting wealth is an important part of any good financial plan, this is achieved through a structured and personalised insurance strategy. The types of personal insurance cover that are available are:
Income Protection – provides a monthly benefit in the event you are unable to work due to illness or injury for a defined period of time (generally to Age 65).
Term Life – provides a lump sum to your family in the event of death to cover loss of income, repay debts, maintain lifestyle etc.
Total and Permanent Disability – provides a lump sum in the event you are permanently unable to return to work to cover for both immediate and long-term care needs, loss of income and maintaining family lifestyle.
Trauma / Critical Illness – provides a lump sum upon being diagnosed with a major illness to assist with the loss of income for a period of time and cover the immediate and ongoing medical costs.
The types of Business Insurance cover that are available are:
Business Expense – provides a monthly benefit to cover the business’ regular operating expenses – those expenses that must be paid whether the business generates revenue or not.
Asset Protection – to provide the Business with sufficient cash to preserve its asset base, i.e. repay debts and free up cashflow, protect goodwill and maintain its credit standing if a Key Person Dies, becomes Critically Ill or is Totally and Permanently Disabled.
Revenue Protection – provides the Business with sufficient cash to compensate it for the loss of revenue, replace the Key Person, i.e. pay head hunters, advertising, additional inducements and allowing for additional training if a Key Person Dies, becomes Critically Ill or being Totally and Permanently Disabled.
Ownership Protection – provides the Business with sufficient cash to purchase the interest of a Co-Owner, Shareholder, or Partner in the event of Death, becoming Critically Ill or being Totally and Permanently Disabled.
Please contact our office to organise a time to discuss how our Risk Adviser can help you develop a personalised insurance strategy to suit your personal and business needs and objectives. We are here to assist our clients through the entire complicated claims process.
To date, our Risk Adviser specialist has helped our clients receive over $4.5 million in paid claims
Luka Financial Pty Limited is a Corporate Authorised Representative (No.441690) of Capstone Financial Planning Pty Ltd. ABN 24 093 733 969. Australian Financial Services Licence No.223135.
Capstone Financial Planning Pty Ltd
Level 1, 607 Bourke St, Melbourne VIC 3000 Ph: 1300 306 900 | Email: info@capstonefp.com.au | www.capstonefp.com.au
Compliance documents:
Adviser Profile - Nicholas McKenna