Here’s a confronting question: what would you do if the main breadwinner in your household could no longer bring in an income? Do you have a Plan B? Most people don’t. That’s where insurance comes in.
Curve balls. They’re unexpected, often deceptive and it’s impossible to predict their trajectory. That’s why they’re so devastating – in sport and in life. There’s some interesting data now available about the kind of curve balls that can impact your life, your finances and your retirement.
The headline figure is this: one in three Australians could be disabled for more than three months before turning 65.1 If you combine this with another startling fact – that 60% of Australian families with dependents will run out of money if the main breadwinner can no longer bring in an income – you can see the problem. Curve balls are pretty common, but so few people are prepared for them.
With the mortgage to pay, school fees to fund and day-to-day living expenses to meet, you could run down your savings very quickly and face financial difficulty. That is why it is so important to make sure you have a plan in place should the worst happen.
Get more from your insurance company!
No one likes paying insurance premiums, and if you never claim on your policy, you can sometime feel like you’ve wasted your money. Not anymore! Guardian Wealth Partners are able to compare and recommended personal insurances from over 15 different providers in the market place. We’ve even got a great loyalty program that many of our customers are able to benefit from.
We believe that if you live a healthy life, eat healthy food and exercise regularly, you should be rewarded and encouraged. There are a number of different insurers to choose from and sometime navigating the maze of different providers can prove a step too far for some (if not most). At Guardian Wealth Partners, our job is to make sure we find you the best cover available for you and your family.
Some of our insurers offer great incentives for leading a fit and healthy lifestyle. Benefits include; discounted domestic and international flights; discounted massage and relaxation packages and even discounted movie tickets. Other insurers also offer great discounts off your insurance premiums if your body mass index (BMI) is within a healthy range. This is a great way to save money on your insurance premiums just for being healthy. Because let’s face it, life is getting more and more expensive! We also deal with insurance companies that offer cash back if you haven’t made a claim on your policy when you cancel or switch insurers!
To help keep you on the right track to a happier healthier life and also save the hip pocket, we have partners who offer discounts off gym memberships. Some of our clients are able to access significant saving off their gym memberships at thousands of gyms around the country!
Contact us today to see if you too are eligible for a more rewarding insurance program!
What types of insurances are available?
What is Life Insurance?
Life Insurance provides for your loved ones in the event of your death, or if you are diagnosed with a terminal illness.
Life Insurance provides your loved ones with a lump sum payment that can help ensure their financial security.
It can allow your family to keep their home, provide for your children’s education, and allow your partner to continue living the life you had planned together.
What is Total Permanent Disability (TPD) Insurance?
Total Permanent Disability (TPD) insurance provides for you if you were to become permanently disabled due to accident or illness, and are unable to work.
Total Permanent Disability Insurance provides you with a lump sum payment, giving you the means to access the best medical and rehabilitation treatments, and providing you with financial security so you can go on making the most of your life.
What is Recovery (Trauma) Insurance?
Recovery Insurance gives you financial freedom if you become critically ill or injured and require extensive medical treatment to recover your health.
A lump sum payment from your Recovery Insurance policy gives you the financial security in the worst of times.
It allows you the financial freedom to access the best medical treatment available, pay for your rehabilitation, and cut back on your work hours to concentrate on your recovery.
What is Income Protection Insurance?
Income Protection gives you an alternative source of income if you are temporarily unable to work due to an illness or injury that has left you Totally Disabled or Partially Disabled.
A monthly payment for a nominated period of time can help you keep your household up and running, and provide for your loved ones while you recover.
That’s what Income Protection is really about: taking the financial pressure off so you can concentrate on getting back on your feet.
Speak to us today to see how Guardian Wealth Partners can get you protected and on the path to a more rewarding future. Contact us for an obligation free appointment
1 Calculations based on data from the Institute of Actuaries of Australia 2000. Interim Report of the Disability Committee. IA Aust: Sydney.