life-insurance-income-protection-coffs-harbour.png

Personal Insurance

DON’T BE SETBACK BY LIFE’S SETBACKS.
PROTECT YOUR BEST ASSET - YOUR ABILITY TO EARN AN INCOME.

ENSURE FINANCIAL STABILITY IN TOUGH TIMES

REDUCE FINANCIAL BURDENS

PROTECT YOUR FINANCIAL FOUNDATION

COVER YOURSELF WITH THE RIGHT COVER.

PERSONAL INSURANCE, INCOME PROTECTION & LIFE INSURANCE

In Australia, personal insurance is crucial for providing individuals and families with financial protection and peace of mind and serves as a safety net that helps mitigate the impact of unforeseen events, such as illness, injury, or accidents, which could lead to financial strain. Here's why personal insurance is essential for Australians, taking into account employment requirements:

Income Protection

Personal insurance, particularly income protection insurance, is crucial for Australian workers. If you're unable to work due to illness or injury, income protection provides a portion of your income to help you manage daily expenses and financial commitments. This is especially important considering that sick leave entitlements may not cover prolonged periods of absence from work.

LIFE INSURANCE

Life insurance ensures that your loved ones are financially supported in the event of your passing. It can cover outstanding debts and funeral costs and provide an ongoing income stream to help maintain their quality of life.

Healthcare Costs and Medical Emergencies

Australia's healthcare system, Medicare, provides a significant level of coverage, but there can still be out-of-pocket costs for medical treatments, prescription medications, and specialist care. Personal insurance, such as private health insurance or extras cover, can help cover these additional expenses and provide access to timely medical care.

Total and Permanent Disability (TPD) Insurance

TPD insurance provides a lump sum payment if you're unable to work due to a permanent disability. This financial support can help cover debt payouts, medical expenses, modifications to your home, and ongoing living costs.

Trauma Insurance

Trauma insurance provides a lump sum payment if you're diagnosed with a specified medical condition or critical illness, such as cancer or heart disease. This payout can help cover medical treatments, rehabilitation, and provide financial support during your recovery period.

Superannuation Considerations

Many Australians may have insurance coverage through their superannuation funds, including life insurance, TPD insurance, and income protection. It's important to understand that the levels of cover included in your super fund is quite often insufficient to adequately protect you. Speak to our financial adviser, Jared, who can determine what the appropriate levels and types of coverage are for you, based on your personal circumstances.

Personal insurance is a vital component of financial planning

It safeguards you when the worst things in life happen that can disrupt your financial stability and long-term goals. 

By considering your individual needs, employment circumstances, and family responsibilities, our team can help you find the appropriate insurance coverage to provide the necessary protection for you, your loved ones and your lifestyle.


Your life is important and it’s important you talk to an experienced financial planner for advice when it comes to protecting your livelihood. 

WHY personal insurance IS SO important

  • Financial security for you and your loved ones, along with business continuity where applicable.

  • Debt protection so others don’t inherit your financial burdens.

  • Helps you meet expenses if unable to earn an income.

  • Covers essential living costs so you can focus on recovery

  • Reduces financial stress and uncertainty.

UNDERSTANDING PERSONAL INSURANCE AT ANY AGE

FREQUENTLY ASKED QUESTIONS ABOUT personal insurance

  • Choosing the right insurance coverage will be different for everyone, that’s why it’s important to consult with a qualified Financial Planner who can assess your individual needs, evaluate your financial situation, family responsibilities and potential risks, and determine which types of insurance and what level of coverage is most essential for your needs.

  • The cost of your personal, life and income protection insurance premiums are influenced and adjusted according to many factors including, your age, any pre-existing health conditions, your occupation, lifestyle habits and the amount of coverage you require.

  • The need for multiple insurance policies will depend on your individual circumstances. Some individuals may find comprehensive coverage through a single policy, others may benefit from having multiple policies that each address specific needs. For instance, having both life insurance and income protection insurance can offer a more comprehensive safety net, covering both long-term financial security and immediate income replacement during disability. A Financial Planner can provide advice on which approach is best for your individual circumstances.

What Our Clients Say About Working With Us

We have known Jared for a number of years. He has provided us with good, sound advice in the lead up to our retirement as a self funded couple.

Jared has saved us or made us more than his costs in investment returns and Superannuation advice. He is good at understanding our requirements.

We would recommend Jared to any person looking for friendly advice.

Bruce and Liz - Bellingen

Jared seems to be on top of what strategies meet our needs. He is always ready to offer us information and advice on any questions we ask. Sometimes he gives advice on things we were not aware of.

Margaret - Macksville

Jared was so easy and comfortable to deal with. It’s fair to say that both my husband and I have fairly poor financial knowledge - which is why we sought Jared out, who had come highly recommended to us. He communicated complex processes simply, and I was never made to feel stupid when I asked my many stupid questions. Jared advised and guided us in areas of our finances we had never considered. Since our time with Jared and his recommendations we feel increasingly confident in our financial future. We highly recommend Jared and are forever grateful for what he was able to implement for us.

Donna - Toormina

I’ve been dealing with Jared for a few years now and am very satisfied with all his advice and handling of my affairs. Great at what he does and all round good bloke.

Deborah - Woolgoolga

Jared has been so easy to deal with from our very first communication together. I went to him with little knowledge about what I needed and he very quickly explained things and gave me options in a language that I could easily understand. He provides advice based on what is best for my situation and always gives me options. I trust him to handle my family affairs and it has taken a great deal of weight off my shoulders. He responds quickly and makes the whole process as easy as possible.

Carly - Woolgoolga

Jared explains financial matters clearly and displays an excellent understanding of all. He is honest, reliable and conscientious and a pleasure to deal with. I would highly recommend his services.

Kay - Woolgoolga

Jared is very easy to talk with, always prepared to listen, and very professional. He has great knowledge of many products & services, and provides excellent advice on all products for our needs. He is prepared to go that little extra mile to ensure the right options for us before proceeding. We are happy to have Jared taking care of our financial situation. Always happy with his professional approach.

Ian - Boambee

Jared has always been professional and provides excellent advice for our particular needs. He is always prepared to go the extra mile to research a variety of options.

Brian & June – Nambucca

ENSURE YOU HAVE THE RIGHT INSURANCE

There are many different policy options, inclusions, exclusions, premiums and conditions.
Make sense of what you need to make sense of - for the protection of you and your family.

STOP financial setbacks

Discover the 7 Costly Financial Mistakes to Avoid