What would happen if your income suddenly stopped?
Protection advice considers your income, responsibilities, existing cover and the financial impact of different scenarios — not to create unnecessary concern, but to help you understand your options.
Protection advice can help you consider questions such as:
Protection advice across a range of cover types
The appropriate type and level of cover depends on your individual circumstances, responsibilities and priorities. Each of these will be explained clearly.
Life insurance
A lump sum or regular payments to your family if you die during the policy term — providing financial support when it is needed most.
Income protection
A regular income replacement if you are unable to work due to illness or injury. Particularly important for self-employed and sole traders.
Critical illness cover
A tax-free lump sum paid on diagnosis of a specified serious illness such as cancer, heart attack or stroke.
Mortgage protection
Cover designed to repay or support your mortgage payments if you die or are diagnosed with a specified critical illness.
Family income benefit
A monthly income paid to your family for a set period if you die — an alternative or complement to a lump-sum life policy.
A realistic, considered approach to protection
The purpose of protection advice is not to create unnecessary fear. It is to identify genuine financial risks and consider whether suitable arrangements could help manage them.
There is no assumption that every product will be appropriate for every person. The purpose of the conversation is to understand your needs and explain the relevant options clearly, without pressure.
Nicole Duley provides protection advice through Trulife Financial.