Life Insurance: Why Insure Yourself?
Statistics
show that:
One
in Three Australian are
like to become disabled through an injury or illness for more
than 3 months before they turn 65. 1
Did you know that for every home lost
in a fire there are 4 homes lost through death and 48 homes
lost through disablement. 2
60% of families with dependants will
run out of money within 12 months if the main income earner
dies! 3
69% of people in small business do not
have income protection. 4
Interim report of the disability committee institute of actuaries of Aust 2000
U.S. Government survey 2005
TNS the issue of under insurance
IFSA small business statistics
Thinking
the unthinkable!
If
something happened to you?
What
would happen to your Family?
How
long could your family meet living expenses and mortgage repayments
if something happened to you?
Could
they keep the house?
How
would your spouse and children repay your loans?
Would
your children have to change schools?
What
would happen to your Business?
Would
the business have sufficient funds to repay any loans owed?
Could
your business partner continue to run the business?
Would
you be sure that you or your family would receive adequate payments
for the transfer of your interest in the business?
Would
you lose a key revenue generator?
Solution
We
can advise you on a tailored Risk Protection Portfolio that can be
readily put into place to ensure your business and family are
financially secure if tragedy strikes. Using the favorable tax
landscape afforded to life insurance, premiums can be extremely tax
effective and affordable. As a guide, the average life insurance
premium based on $500,000 for a male aged 35 is $32 per month *
*
Quotation from Cannex research @ July 2009, based on median premium
for a male, non smoker, clerical duties, stepped premium
Our
Advice Fee
There
is no charge for us to assess your insurance needs and present you
with our recommendations. We
will receive up-front and ongoing commission from the product
provider if our advice is implemented.
The
cost of Life Insurance is a small price to pay for protecting your
most valuable asset – You!
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.