Creating Life Assets
Wealth Building
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Have the full package: kids, mortgage, personal loans?
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Feel as if you try to get ahead but can’t?
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Always worried about your finances?
Who will pay the mortgage if you are unable to earn an income?
Creating Life Assets
Welcome to Creating Life’s Assets. Now you have a family, a home and a great job earning a good income. Where to from here.
Trauma Insurance
Most people understand the importance of life insurance to their family in the event of their death. However, many fail to consider the ramifications of a major medical trauma such as stroke, heart attack, cancer or prolonged illness on their loved ones and financial position.
Recovering from a serious illness will undoubtedly impact on your cash reserves due to medical costs, loss of income and rehabilitation expenses. Large capital expenses, such as home and vehicle modifications, together with ongoing home nursing care or even just funding some “time out” to fully recover also need to be considered.
Trauma insurance funding will pay a lump sum in the event of you suffering one of a number of pre-determined major medical conditions. The design of the policy is around making decisions to choose specialist treatment and high quality care without the concern of how to pay for these services. With the peace of mind knowing you have the best chance of a full recovery, the aim is to see the insured person back in the workforce over time.
1 in 3 Australian males and 1 in 4 females, can expect to be diagnosed with cancer before age 75.
‘Cancer in Australia: An overview, 2006’, Australian Institute of Health and Welfare, June 2007
It is important that the level of cover you need be reassessed each year to ensure it is appropriate for your circumstances. Please contact us.
