Income Protection Advice
Income protection insurance (also known as salary continuance) is designed to provide a regular income in the event that you are unable to work due to sickness or injury.
Income protection makes sure that you and your family don’t have to lose your belongings or your home while you recover and try to get back to work.
Such cover is particularly important when borrowing to invest (gearing), as it can help meet repayments.
At the initial meeting, we can assess any existing policies and advise how Income Protection can best work for you.
JR Financial Planning is based in Kew East, but services clients throughout metropolitan Melbourne.
Benefits and Features
Premiums are generally tax deductible, making income protection insurance cheaper after tax.
You can choose a waiting and benefit period that suits your needs. Income can be covered right up until retirement age or for as long as required to eliminate accumulated debt.
Benefits can increase in line with inflation, have mortgage repayments paid or superannuation contributions made on your behalf.
At JR Financial Planning, advice is only provided to clients by a Certified Financial Planner®.
The CFP® is the highest level of certification that a financial planner can achieve and is a commitment to abide by a Code of Professional Practice, including Code of Ethics, Practice Standards and Rules of Conduct.
About JR Financial Planning
At JR Financial Planning, we believe that true financial planning can only be delivered through a complete understanding of individuals’ goals and objectives.
Our process adopts a measured and educational approach with clients. This helps promote a better understanding of the strategy, as well as potential legislative implications, economic and market conditions. We seek peace of mind for our clients and always encourage questions to be asked.
Ongoing, clients have unlimited access to our Certified Financial Planner®. This also includes the provision of regular updates on economic events and how they may impact on one’s strategy or portfolio.
Address: PO Box 170, Kew East VIC 3102
Phone: 03 9859 4654
Mobile: 0404 83 53 73