Consolidating
your super funds into
one account can save on multiple annual member fees and provide opportunities for management fee discounts due to economies of scale of one large account over a few smaller accounts.


Be sure you evaluate both the administration fee and investment management fee when comparing investment or super products. They both exist, but can sometimes be difficult to find on face value.

Business Insurance

Ownership Protection
Ownership protection can provide the continuing owners, or their nominees, with sufficient cash for the transfer (buy out) of the outgoing owner’s equity to the continuing owners, should a business owner die, become disabled or suffer a critical illness.

Probability of death/ TPD/ critical illness of one 35 y/o partner before age 65

Partnership

Males

Females

2 partners

59 in 100

47 in 100

3 partners

74 in 100

62 in 100

4 partners

83 in 100

72 in 100

Source: MLC Chances of death and disablement calculator based on Australian Life tables 2003-05 and MLC’s TPD and critical illness experience

Revenue (Keyperson) Protection
Revenue protection can provide your business with enough money to compensate for the loss of revenue and costs in replacing a key employee or business owner should they die or become disabled.

Asset Protection
Asset protection can provide your business with enough cash to preserve its asset base so it can repay debts, free up cash flow and maintain its credit standing if a business owner or loan guarantor dies or becomes disabled. It can also release personal guarantees secured by the business owner’s assets (such as the family home).

Income Protection
Most people think to insure their physical assets but often forget their most important asset: themselves and their ability to earn an income. Income Protection provides payments to replace lost income where you are unable to work due to accident or illness. Generally, you can cover up to 75% of your income and receive monthly benefits up to age 65.

Business Expenses
Business Expenses cover provides cover for the operating expenses of your business whilst you are unable to work due to sickness or injury. This product is ideal for the self-employed, for partnerships and for small businesses.

Specialist Advice

Personal and Business Insurance requires specialist advice. With over 20 years experience in insurance advice, you should speak to us. Vertex Group advisers guarantee to provide our clients with a personalised service and the most up to date and appropriate solutions for their needs.

Contact Vertex Group on 9832 0677 mark.mcneany@vertex-group.com.au for prompt and personal attention.

Please Note:
This advice in this document may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial advice and tax and/or legal prior to acting on this information.
Vertex Group Pty Ltd advisers are Authorised Representatives of GWM Adviser Services Limited an Australian Financial Services Licensee, Registered office at 105 –153 Miller St North Sydney NSW 2060 and a member of the National Australia group of companies.