Future Proof Your Future with Life Insurance
Every successful financial plan has a back-up plan: choosing the right insurance is vital. Insurance can future-proof your finances and help you and your loved ones navigate through life’s more difficult times.
That way, if you’re unable to earn an income or look after the daily needs of your family due to sickness, injury or death, you’ll have life insurance in place to protect your plans and keep your finances on track.
Choosing the right insurance
Start by talking with your Mentor1 financial planner about what really matters to you.
Together you’ll discuss your entire financial portfolio, taking into account your plans and future needs. We’ll then give you options for your insurance and help structure it in the most cost-effective way.
Mentor1 has an extensive panel of Australia’s leading insurers to choose from, so we can help you select both the right cover and right insurance company for your needs.
What are your insurance options
You’ll explore the benefits of the different types of life insurance including:
- Income Protection insurance. This pays you a regular income when you’re unable to work due to sickness or injury. It can continue to fund your financial plan if you can’t.
- Critical Illness insurance. This pays a lump sum benefit if you’re diagnosed with a critical illness. It takes care of financial matters, so you can focus on your recovery.
- Life insurance. This pays a lump sum benefit on death, which can shore up your family’s finances to repay loans, for education, or investing to generate an income.
- Total & Permanent Disability insurance. This pays a lump sum benefit if you become disabled and are unable to work again. It provides some ongoing financial indendence.
Case Study – John’s story
John, at 38 was earning $150,000 pa. Continue Reading…
If you’d like to find out how a Mentor1 financial planner can help you plan for now and for the future, please call us on 1300 765 811.
We think getting to know each other is essential. That’s why the first appointment with a Mentor1 financial planner is complimentary. In less than an hour we’ll give you food for thought and then you decide when you want to come back.