We provide a specialist life risk advisory service.
Please refer to the items below further information on how we can assist you in this area.
Why is Life Risk Advice Important?
Life Risk Advice ensures that …
Your risks are identified
E.g. What would be the impact on your family or business if you passed away or suffered a disability?
Your risks are quantified
E.g. What is the extent of future family income lost in the event of your death or disablement?
Your risks are transferred
E.g. Who is the appropriate insurer to place your risk with to ensure you are suitably provided for should the worst happen?
The key to good protection is the right amount of money, for the right person, at the right time.
How does the advice process work?
As life risk advisers we will work closely with you, the insurance underwriters and where appropriate your team of advisers (accountants, lawyers etc.), to coordinate a life risk plan specifically tailored to the risks you face. Our unique process allows us to implement an insurance portfolio in a timely and cost effective way that is suited to your needs. Most importantly we are there for you, should the worst happen.
Click on the icon to download our Life Insurance Guide brochure.
The basics of life risk insurance
Life Risk Insurance is used for the following personal and business funding purposes in the event of death, permanent incapacity, major medical trauma or disablement.
Personal:
Funding to reduce or pay off debt
Funding to provide an replacement income for the family income generator
Funding to replace primary care and household duties provided at home
Funding to equalise your estate
Funding to cover out-of-pocket medical expenses, home modification or nursing care costs
Funding to provide for financial dependants
Business:
Funding to protect the ownership of the business
Funding to protect the assets of the business
Funding to repay debts of the business
Funding to replace key persons of the business
Funding to replace lost revenue or cover increased costs of the business
