Protecting your family

Wealth Protection is an essential part of every financial plan.  At Sage Business Group we can assess your personal situation and recommend policies that best suit your needs.  We can also review your current policies.

With wealth protection, you can be sure that your family will be protected from financial turmoil if something were to happen to you.  Many Australians think that the unexpected won't happen to them.  Think again.  The unfortunate truth is that you have a 1 in 3 chance of suffering a major medical illness between the ages of 30-64.

The typical Australian family will lose half or more of their income following a serious illness, injury or loss of one parent as a result of underinsurance.  Too many things in life are outside of your control, so make sure you are prepared for the unexpected.

To ensure your family has adequate cover, you need to consider;

• How would your family be affected financially if you were injured or died tomorrow?
• Exactly how much insurance cover you have.  Is it enough to meet your family's needs?
• Have you recently reviewed your level of insurance to take into account changes in your income and/or debt levels?
• Do your existing insurance policies have clear and unambiguous definitions of when insurance benefits are payable and when they are not?