Life Insurance, Total & Permanent Disablement (TPD) and Trauma
Life Insurance Advice
Life Insurance, Total & Permanent Disablement (TPD) and Trauma cover is most important when one is working and saving for retirement and/or when there are debts to service.
Personal insurance can therefore be critical for a secure financial future. The sum insured can be used to help with the repayment of debts, the covering of future needs (eg. children’s education), immediate medical expenses or providing funds for investment to generate an income.
At the initial meeting, we can assess any existing policies and advise how Life, TPD and Trauma insurance can best work for you.
JR Financial Planning is based in Kew East, but services clients throughout metropolitan Melbourne.
Benefits and Features
Holding the Life insurance policy within superannuation can provide tax and cash flow benefits. For example, the Fund can claim Life insurance premiums incurred as a tax deduction.
In regards to cash flow, as the Fund is accounting for premiums, the individual can redirect money otherwise spent on premiums to areas such as debt repayment.
Policies can be linked with Trauma cover, also known as critical illness insurance. This provides a lump sum benefit and is designed to help you recover financially from a trauma or crisis, such as a heart attack, stroke, cancer or other life threatening condition.
At JR Financial Planning, Life Insurance 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