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Protection

Wealth building is essentially about risk management, yet insurance is often overlooked as a necessary part of any investment strategy. People routinely insure their houses and cars, yet it is ourselves and the key people in our lives that form our most valuable assets.

If you multiply just an average income over a working life, the total comes to millions. We focus on insurance solutions that minimize loss and cover your personal risks, because protecting your income earning capacity is the foundation of any sound investment plan.

Initially, you need to ask yourself three questions. In the event you were unable to work due to unforeseen events:

• Could you continue to meet you loan repayments and other living expenses?
• How many months could you go without your regular income?
• Could your family continue to live without financial worry in the event of your death or disability?

Personal Risk Insurance

It would not be overstatement to say that the success of any investment strategy is 100% reliant upon your ability to produce income. High income earners typically carry portfolios that are heavily geared, to optimally minimize tax.

If this is you, have you asked yourself what would happen, both in terms of maintaining lifestyle in the short term, and to your longer term wealth building goals, if some unforeseen event suddenly deprived you of your income earning capacity for several months?

Business Insurance

Income protection is the most fundamental insurance high net worth individuals need to consider, but if you practice in partnership, your partners' fates can greatly affect your own.

In the unfortunate event of your premature passing, would your business partner be in a position to pay your share to your estate or spouse?

If your circumstances warrant it, we can arrange an Insurance Deed to compliment your Partnership Agreement which will set out rules for what will happen in the event of a death and how insurance proceeds will be applied.

Life Insurance

If you were to pass away today, could your spouse afford to keep up with those private school fees? What about the mortgage, vehicle and investment commitments? Or would the asset base you pass on to your loved ones be significantly diluted by the fire sale that would necessarily ensue?

As your financial advisor we know and understand every detail of your current financial position and long term direction. This means we are well placed to advise you on the extent and level of cover that best suits your situation, and to ensure that you are neither under nor over insured.