Income protection is a vital part of any wealth creation strategy. Experienced Sydney Financial Planners often consider wealth protection just as important as wealth creation. Income protection can replace a certain percentage of your income in circumstances where you are unable to work for an extended period of time due to illness or injury. It is vital that you speak to a Financial Planner in Sydney to determine whether income protection is something you need to think about.
The main function of income protection insurance is to provide a regular payment that can assist you in the event that you become injured or ill and are rendered unable to earn an income. Income protection insurance policies vary in cost, taking into account factors such as your gender, age, occupation and health.
Income protection policies can also vary substantially in how benefits are paid and what events will trigger a payment schedule beginning.
Our Financial Advisors can help you determine:
- whether income protection insurance is something you and your family need
- what level of cover you require
- what options or extras should be included in your income protection insurance policy
- which products are suited to your situation
- whether you can access income protection insurance through your superannuation fund
If you are comfortable proceeding, our Financial Advisors can help you apply for a policy and, if so required, assist you to make a claim.
Arrange a free home appointment with an experienced Financial Planner today. Contact our office on (02) 9233 4048 for more information.
- Our advisers are highly experienced
- Our advisers are University qualified
- We offer strategically tailored solutions
- We place emphasis on compliance
- We disclose all fees and commissions
- We earn client confidence and respect
- We are fast, we return calls and emails
- We have state of the art technology
- We assist with application paperwork
- Our advisers work with other experts
Navado Financial Advisors Pty Ltd is a Corporate Authorised Representative of Lifespan Financial Planning. A.B.N. 23 065 921 735. AFSL 229892. This webpage (and any material or wording appearing on this webpage) is provided for information only and constitutes general financial product advice. It does not take into account your objectives, financial situation or needs and you should therefore consider the appropriateness of the advice, in light of your own objectives, financial situation or needs before acting on this webpage. When making decisions about any financial products you should obtain a copy of and consider the Product Disclosure Statement for that product before making any decision. Navado accepts no responsibility to any person who relies on the information provided on this website. We further refer you to our Disclaimer.
Date: Nov 29, 2011
Tags: financial planning, risk management general
Myths abound in Australia today about the insurance industry. Some of those myths are dealt with below:
Myth 1 - Insurance will never payout
On an annual basis in Australia, hundreds of millions of dollars worth of payouts are distributed by insura…
read more
Date: Nov 29, 2011
Tags: financial planning, risk management general
Everybody’s situation is different and so there is no hard and fast rule as to how much you should be insured for. The following are just some of the factors that should be considered when trying to work out how much you should be insured for:
Tha…
read more
Date: Nov 29, 2011
Tags: financial planning, risk management general
Have you ever tried to uncrack an egg? Here is a thought to consider when deciding on whether you need insurance now or if it can wait to a later date. You cannot undo an illness, an accident or a death. Without wanting to sound too philosophical, li…
read more
Date: Nov 29, 2011
Tags: financial planning, risk management, income protection insurance
Whether due to serious illness or injury, the financial ramifications of losing your ability to work can be debilitating, long lasting and lead to heavy financial strain. In worst case scenarios, it could lead to bankruptcy and foreclosure. Insurance…
read more
If you require financial advice or the assistance of a Financial Planner, you should make an appointment with one of our Financial Planners, who can see you in our Head Office in Sydney CBD or in the comfort of your own home. Our Financial Planners service the following areas:
- Sydney
- Parramatta
- North Sydney
- Hurstville
- Liverpool
- Gordon
- Baulkham Hills
- Campbelltown
- Bondi Junction
- Financial Planner Sydney
- Financial Planning Sydney
- Financial Advisor Sydney
- Financial Adviser Sydney
- Financial Planner Parramatta
- Financial Planning Parramatta
- Financial Advisor Parramatta
- Financial Adviser Parramatta
- Financial Planner North Sydney
- Financial Planning North Sydney
- Financial Advisor North Sydney
- Financial Adviser North Sydney
- Financial Planner Hurstville
- Financial Planning Hurstville
- Financial Advisor Hurstville
- Financial Adviser Hurstville
- Financial Planner Liverpool
- Financial Planning Liverpool
- Financial Advisor Liverpool
- Financial Adviser Liverpool
- Financial Planner Gordon
- Financial Planning Gordon
- Financial Advisor Gordon
- Financial Adviser Gordon
- Financial Planner Baulkham Hills
- Financial Planning Baulkham Hills
- Financial Advisor Baulkham Hills
- Financial Adviser Baulkham Hills
- Financial Planner Campbelltown
- Financial Planning Campbelltown
- Financial Advisor Campbelltown
- Financial Adviser Campbelltown
- Financial Planner Bondi Junction
- Financial Planning Bondi Junction
- Financial Advisor Bondi Junction
- Financial Adviser Bondi Junction