Insurance 

Personal Risk Insurance – Protection for You and Your Family

Life's "X factor" is provided by the stuff that doesn't happen every day; the unpredictable. It is important to consider what would happen if something happens to you or your partner; what if you have a major car accident and can’t work anymore; what if the unthinkable happens and one of you passes away; or what if an illness prevents you working for months or even years?

Unfortunately mothers and fathers, husbands and wives, are killed or permanently disabled in accidents every day, or struck down prematurely by illness. Could you continue to pay the mortgage or rent? Would you have to give up your lifestyle? Would you be forced to sell your investments?

Whether you're a single, couple, family or pre-retiree, appropriate personal risk insurance provides important protection against lifes unknowns and will offer the support you need when you need it most. Personal risk insurance is designed to make sure that when personal tragedy strikes, it doesn’t also become a financial disaster.

There are four different types of personal risk insurance which are outlined below: to find out more about each, please follow the links.

• Life Insurance Cover
• Total and Permanent Disability (TPD)
• Trauma
• Income Protection Insurance
  
  
  
  
  

Life Insurance

In the unfortunate event of a death of a partner, life insurance cover provides financial compensation to protect the lifestyle of the surviving partner and/or family. The right life insurance will provide ongoing support for family members who previously relied on your income to ensure the life that you dreamed of for your family is not compromised.
A core promise of Bruce Brammall Financial is that we will help deliver insurance packages that are affordable for our clients, with plans that fit your lifestyle needs. Some insurance options can even be paid for through your superannuation fund. By talking to a Bruce Brammall Financial adviser, we can investigate a number of options to find the best life insurance cover for you and your family. Contact us today to find out more.

Total and Permanent Disability (TPD) Insurance

Think of this as "accident" insurance. Total and permanent disability insurance provides cover if you become totally and permanently disabled. It helps reduce financial pressure created from your inability to work. TPD insurance will provide a lump sum to help you recover, rearrange your life and potentially provide enough to create an income stream for you, without having to rely on a Government pension.

A core promise of Bruce Brammall Financial is that we will help deliver insurance packages that are affordable for our clients, with plans that fit your lifestyle needs. TPD insurances can often be paid for through your superannuation fund. Book an appointment with one of our advisers to find out more about the best insurance cover for you.

Trauma Insurance

This is "illness" insurance, and the most common forms include heart attack, cancer and stroke, but some policies may cover up to 50 illnesses. Trauma insurance provides a lump sum designed to make sure you can get whatever treatment you need and hopefully have enough left over to pay the mortgage/rent and general living expenses for an extended period.

Child Trauma Insurance

It would be every parent's nightmare to discover that their child had a life-threatening illness. Too often these devastating situations cause families to go through financial turmoil as parents quit jobs or sell their homes to provide their children with the care they need. Children's trauma insurance can help reduce some of that financial difficulty by providing money to help you fund life-saving medical expenses, or allow you time off work to help you concentrate on what's most important - being with your child.

A core promise of Bruce Brammall Financial is that we will help deliver insurance packages that are affordable for our clients, with plans that fit your lifestyle needs. Castellan’s advisers will help investigate and explain the available options for you and your family. Contact us today to find out more.

Income Protection Insurance

For those under 50, income protection insurance is arguably the most important insurance of all. Few people would be able to hold onto their home if they couldn't work for an extended period of time because of accident or illness. Income protection insurance can cover you for 75% of your income (plus more for your super fund) through to age 65, or even 70. Unlike other personal risk insurances, income protection insurance is a tax deduction, helping make it more affordable and worthwhile cover.

A core promise of Bruce Brammall Financial is that we will help deliver insurance packages that are affordable for our clients, with plans that fit your lifestyle needs. Some insurances can even be paid for through your superannuation fund. By talking to a Bruce Brammall Financial adviser, we can investigate a number of options to find the best income protection insurance for your individual situation.

What Insurance is Right for You?

Bruce Brammall Financial's advisers will help you create an affordable insurance package with appropriate levels of cover to protect you and your family. Insurance is pointless if you can't afford it, so we make sure that your most important assets - your life and your health - are covered in a way that meets your needs and your budget. Don't leave it until it’s too late, talk to Bruce Brammall Financial today.