Our health and time are the most precious commodities we have.
The untimely death or long-term illness for anyone in their prime of life, creates a set of challenges most of us hope we will never have to face. While insurance will never take away the pain of loss or long term illness, it can resolve much of the financial stress.
Protecting your wealth and your standard of living is as important as building it. By clearly understanding the risks you face we will tailor a solution relevant to you and your family. It is important to have a personal discussion to establish the level of cover and a policy that is suitable for you. Typical options are detailed below:
Purpose: Provides a lump sum payment in the event of death or terminal illness. When determining your need for life insurance, we consider your family’s ongoing income requirements, debt commitments & education requirements as a start.
Total and Permanent Disablement
Purpose: Provides a lump sum payment should you suffer an illness or injury which totally and permanently prevents you from working again. It can assist with medical/rehabilitation costs and provide a chosen level of financial security.
Health Events and Trauma
Purpose: Provides a lump sum benefit in the event that the life insured suffers a “critical condition” as defined by the insurance provider. It covers events such as a heart attack, stroke, cancer or other life threatening conditions and is designed to help you financially recover during this stressful time.
Purpose: Provides a regular income in the event that you are unable to work due to sickness or injury.
Purpose: Provides a lump sum payment should a child suffer an illness covered by the policy. This provides the financial ‘breathing space’ parents need in order to take time out to care for their child.
Our Work Together
Our work together will enable you to:
- Identify your areas of exposure;
- Quantify funding shortfalls; and,
- Understand the full range of solutions.
From this information you will be in a position to make an informed judgement as to the level of risk you are prepared to carry personally, and the level that you wish to have managed externally. This is all part of the plan design process and this preliminary report is designed to assist and stimulate thought in this regard.
By appointing Capital Partners Risk Insurance Advisers to assist in the underwriter selection process, you will benefit from our continuous efforts in the research of the products and premiums of the major “leading edge” underwriters. Price will be an important consideration, but not as critical as the definitions by which the various underwriters are bound to pay their claims. Over some 15 years of continuous research, we have developed the skills, and accumulated the necessary data to enable us to compare policies down to the finest detail.
Because we make it our business to know the risk management market, and the products on offer, we believe that Capital Partners can play a significant role in the process of your underwriter selection, as well as play an important part in the on-going review of your arrangements.
Please contact Serena West to arrange a confidential discussion.