Income Protection

An injury or illness doesn't have to be life-threatening to have a big impact on your family or business. If you break an arm or leg it could put you out of action for several weeks. If you have a heart attack, suddenly find you have a life threatening cancer or illness this could impact your families hopes dreams and aspirations.

An integral part of your financial plan...

Income Protection Insurance should be an integral part of your overall financial plan. It will provide you with an income up to 75% of your regular income during your recovery, after an initial waiting period. 

This waiting period can vary depending on your needs - ranging from 14 days to 2 years. You may even waive the waiting period in certain crisis situations such as heart attack.

You can also choose to insure your income for various periods - 2 years, 5 years or to age 65. While 2 or 5 years might seem more than adequate time to recover, if you are permanently disabled you may need longer cover.

In this event,  it is imperative that you're able to maintain your present income (indexed to inflation) for the rest of your working life - whether that is 5 years or 25 years. 

Your time is better spent doing what you do best than researching personal insurance options

It’s very easy to put off thinking about personal risk insurance. Especially when you’re busy growing your business, you have better things to do with your time.

However, help is at hand. Wealthtrak Financial Solutions have made the entire process of finding the right cover easy, with a no-fuss personal insurance consultancy service.

HOW DO WE SAVE YOU TIME & MONEY 

It is an ASIC requirement that a simple"Three Step Process" is carried out.

1. A personal risk insurance needs analysis, assessing your needs based on a complete range of personal risk products including:
   
   Income Protection Insurance
   Trauma Insurance
   Partnership Insurance
   Term Insurance (incl Total & Permanent Disability)
   
   
2. Alternatives from quality insurers to match your needs and budget.
   
   
3. Process all paperwork from application to policy issue

Please use our contact form and you will be contacted within 24 hrs.