Services – TP Insurance Services

Importance of Wealth Protection

At TP Insurance Services our aim is to protect our client’s lifestyles and ensure their families and businesses are provided for in the event of death, illness or injury.

No matter how comprehensive and successful your investment plan is, the most important asset is you and your ability to earn an income. Without this, you could be unable to provide for the immediate needs of your family and unable to achieve your long term financial goals.

Disability or premature death is a difficult topic to think or talk about. By ensuring you have adequate insurance cover in place, you can concentrate on living life, comforted by the fact that if something happens to you, you and your family are taken care of.

When most people think of wealth advice, the majority often concentrate on investment strategies. These are very important because they create wealth and enable us to achieve our goals throughout life. However, equally important are defensive strategies. Consider the consequences of not being able to work for a year as a result of an illness or injury, or the death of the family’s breadwinner.

Insurance cannot help with the emotional trauma of death, accident and illness, but it can protect you and your family from the financial stress of such an occurrence. It is possible to minimise the financial loss to your family or business by putting in place appropriate insurance cover, based on our thorough fact finding process.

Our quality of life is something we often take for granted. You cannot predict accidents or illnesses and recovery can take some time with serious consequences for income and lifestyle. What you can do is protect your financial situation and ensure that no matter what happens to you, your financial independence and assets will be secure.

When you are fit and active, it’s easy to take your health for granted. But sickness and injury can happen to anyone, at any time. And even the healthiest people need a back-up plan if something goes wrong. Whilst most people use insurance to protect their home, cars and other items, many fail to protect their biggest asset - themselves.

Some things to consider:

• How long would you survive financially without an income?
• Could your family survive without you?
• Could you still afford the mortgage repayments?
• Who would look after you if you needed long term care?
• How long would the family savings last?

The statistics show:

• 1 in 3 women and 1 in 4 men will be affected by cancer before the age of 75 (1)
• An Australian dies every 10 minutes from cardiovascular disease (2)

(1) Cancer in Australia Snapshot 2005 – Australian Bureau of Statistics
(2) The shifting burden of cardiovascular disease in Australia – Access Economics and Heart Foundation 2005

Advice

We will analyse your exposure to all the risks and provide advice on the appropriate level and type of cover to protect you, your family and your business.

Life can be a risky business, but that does not mean that your lifestyle, assets or financial independence should be put at risk. Having the right insurance cover to protect against life’s uncertainties is sensible financial management.

Research

We research and advise on the most suitable product from an extensive range of insurers. We will fully assess your needs, analyse the available options and determine the strategy that is right for you.

Implementation

We will facilitate the processing of the applications and keep you informed of the progress. We co-ordinate the medical and/or financial underwriting and negotiate with the underwriter on your behalf.

Claims Management

We have established firm relationships with claim assessors at the major insurance companies. This enables us to negotiate terms and conditions in your favour and to ensure efficiency in the event of a claim.

Review Service

TP Insurance Services will review your insurance policies when your personal circumstances change or when required to ensure you have the appropriate products and level of cover in place.

When we review your insurance needs or existing policies, individual tailored recommendations will be provided to cover the key areas of your situation.

Book in for a free consultation, at a time that suits you.

If you have any questions or would like to arrange a free consultation with one of our experienced advisors, call us on (02) 8224 8000 or click here to contact us online.