Wealth Protection

The true value of our physical and mental health we often take for granted. With a custom wealth protection plan these tough times can be made a bit easier providing greater focus on your future well-being. We can help you and your business with all of your wealth protection needs.

Having the right type of insurance can provide peace of mind during times of tragedy whether you are single, a family, or running a business. The different types of insurance that are commonly used by a My Plan Financial Planner include:

 

Life insurance

Life insurance also known as 'Term Life' pays a set amount if you die or become terminally ill. Having life insurance can make you feel safe, knowing that your loved ones will be supported and will be able to reduce debts, fund child care, education or the cost of living.

 

Total & permanent disability (TPD)

This type of cover provides you with a lump sum payment if you suffer a serious injury or illness, and are unable to work again. Having such cover can help ensure that you and your family are financially protected, and can help cover the costs of rehabilitation, debt repayments, and the future cost of living. This can help take the pressure off you and your loved ones during these difficult times.

 

Critical illness

Critical Illness cover also known as trauma cover pays a lump sum benefit if the life insured suffers one of the defined critical illness events. The benefit is paid regardless of the life insured's ability to work and can be used for any purpose the owner of the policy chooses. Insured events include cancer, heart attack, stroke, major organ transplant, and many more illnesses.

 

Income protection

Income protection, a valuable insurance that gives you a source of income if you are unable to work due to an illness or injury, that has left you totally or partially disabled. It can cover up to 75% of your income, and a benefit potentially payable up to age 65, depending on your policy terms. This is especially important for individuals, families, and business owners who are dependent on an individual's income generating capability.

 

Business protection

Business Expense insurance is a financial back up plan for your business. It gives you confidence knowing that you've got a plan in place to keep your business running if you, or a key person in your business is unable to work due to sickness or injury. A business protection plan can help preserve the revenue, profit, goodwill and ultimately the value of your business. A My Plan Financial Planner can help set up your business protection plan.

My Plan Financial Planning_0003_family-trees

117 Henley Beach Road
Mile End SA 5031

phone

(08) 8354 1335

opening hours

Monday - Friday 9am to 5pm