Would you ever send your loved one – partner, child, or parent – up a creek without a paddle? Figuratively, or perhaps more literally on a summer holiday, most of us would respond with an astounding ‘no’. Naturally, we want those around us to paddle through life without having to face harsher waters.
But what would life be like if you or your partner died or became seriously ill or injured and couldn’t work? Would you be putting them in a position without a financial paddle?
It’s times like these that could put your family under extreme financial pressure.
But it doesn’t have to be this way. Risk insurance can provide financial relief to you or your family during these stressful times.
Where do I begin?
Whether you already have cover and need it reviewed (a smart idea if you’ve recently taken on a mortgage, expanded your family, or started a new business), or you’re new to this type of insurance entirely, a MyState Wealth Management Financial Planner will be there to guide you every step of the way.
We’ll provide tailored advice on a range of risk insurance options to ensure you’re not left exposed. You can talk to our friendly team about:
- Income Protection
- Trauma insurance
- Total and Permanent Disability insurance
- Life insurance
- Business insurance <hyperlink to business insurance page
Keen to learn more? Take a look at what type of insurance might suit your lifestyle best below.
Income Protection Insurance
For most people, working and earning an income is the key to funding their lifestyle. With Income Protection, you can be sure this money continues to come in, so you can pay bills, loan repayments and other expenses when rapids get rough.
Trauma insurance can give you financial relief, and help you get back on your feet in the event you suffer a specified medical condition (for example heart attack or cancer).
Total and Permanent Disability (TPD) Insurance
TPD insurance provides a lump sum benefit in the event you are permanently unable to work due to illness or disability.
Life insurance provides a lump sum benefit to your estate or beneficiaries on your death, and can reduce financial stress on your loved ones during one of life’s most difficult moments.
Risk insurance can give you the peace of mind knowing you and your loved ones will be financially protected in the event of accident, unforeseen illness or death.
No matter the type of insurance you and your loved ones need, a MyState Wealth Management Financial Planner can help you put a plan in place to protect what matters most.