Insurance
Our objective is to ensure you have a clear understanding of what insurance is available and what you have in place at any given time.
Personal Insurance can be expensive thus it is important to consider cover that represents value for money or is priced competitively in the marketplace. We will help you to clarify what you have in place and what you are covered for. We will also help you structure your insurance cover, keeping in mind your cash flow and the tax consequences of any claim payments.
we can assist with:
Below is further information on the types of personal insurance which may be held either within or outside your superannuation. It also includes information on some issues we consider in relation to personal insurance:
Life Insurance
- Adequacy and level of cover
- Sourcing prices from multiple insurers
- Ensure beneficiaries are in line with expectations
- Filtering product features to suit you
- Complete and lodge applications
- Consider tax consequences of insurance policy structure
- Consider estate issues with ownership of policies
- Assist with claim process
- Explain the potential benefit of owning insurance inside superannuation.
Trauma Insurance
Adequacy and level of cover
Sourcing prices from multiple insurers
Filtering product features to suit you
Complete and lodge applications
Assist with claim process.
Total & Permanent Disability Insurance
Adequacy and level of cover
Sourcing prices from multiple insurers
Ensure beneficiaries are in line with expectations
Filtering product features to suit you
Complete and lodge applications
Consider tax consequences of insurance policy structure
Assist with claim process
Explain the potential benefit of owning insurance inside superannuation.
Income Protection Insurance
Adequacy and level of cover
Sourcing prices from multiple insurers
Filtering product features to suit you
Complete and manage applications
Consider tax consequences of insurance policy structure
Assist with and manage claims
Explain the potential benefit of owning insurance inside superannuation
Consider estate issues when needed.
Insurance pricing
We are generally paid by the insurance company for arranging insurance to be put in place. For new applications this is most often by way of commissions, which represent a percenage of the premium. This typically ranges between 50% and 80% of the first year’s premium and 0% to 33% per annum from the second year onwards. This is the current industry standard. However, this may change in the future pending the outcome of reviews currently underway. We will review our own policies around this at a future date.
In relation to claims, if we are not paid by the insurance company for a claim, we may charge you direct. You will be made well aware of the charge prior to it being made.
Level 2
3-9 Gordon Street
Glenelg SA 5045
08 8376 4416
hours
M-T 9 – 5pm
F 9 – 3pm
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