Wealth Protection

Wealth Protection advice

What would be the financial consequences if you were injured, became ill or died?

Would your family or other ‘dependants’ (including business partners) be adequately provided for and remain financially secure?

How would you cope financially if you were no longer able to work either for an extended period of time; or permanently?

Wealth protection is an essential part of every wealth creation strategy. Without life insurance, TPD insurance, trauma (critical illness) insurance, income protection (salary continuance) insurance, or business expense insurance, the wealth you’ve built up can rapidly erode – and the strategy devised (including retirement planning or estate planning) can rapidly be ‘derailed’ – as a result of a serious accident or illness.

For the business owner, insurance policies are used in wealth protection in partnership agreement and shareholder agreement terms to ensure business continuity.

Your Continuum adviser can assess your risk aversion position and recommend policies that best suit your needs. We can also review your current policies to ensure they continue to provide an adequate level of cover – under-insurance can have similar consequences to an absence of insurance. This is particularly important if your financial situation or family circumstances change.

Continuum Financial Planners offer a range of financial planning strategies including personal risk insurance adequacy reviews. Contact us today to arrange to meet with one of our financial advisers to discuss your needs – the first meeting will be at our cost!