To determine the right insurance for your needs, it’s important that you receive advice that is specific to your individual circumstances.
Whether you are protecting your family or lifestyle for the first time, or updating your insurance needs, Everalls Wealth Management has a range of solutions to take care of you and your family for the long-term.
We can help with
Life insurance protects you or your family from financial difficulty after an unexpected event, like an illness, injury or death. When you're buying life insurance, take the time to understand the cost of the premiums - now and in the future, as well as what is (and isn't) covered, and how your medical history might affect future claims.
Total and Permanent Disability Insurance
A serious injury or illness can make it difficult or impossible for you to continue to work. If this happens, you will need to find a way to support yourself and your family. Total and permanent disability (TPD) insurance provides cover if you are totally and permanently disabled. It helps cover the costs of rehabilitation, debt repayments and the future cost of living. Each insurer has different definitions of what is and isn't considered to be totally and permanently disabled.
Income Protection Insurance
We all rely on our incomes to pay the bills and care for our families. But what would happen if you got sick or injured and couldn't work? Would you be able to support yourself and your family while you recover? Income protection insurance, also known as salary continuance, can help you manage your expenses if you are unable to work for a certain amount of time if you are sick or injured.
Trauma / Critical Illness Insurance
Trauma cover is also referred to as 'critical illness' cover or 'recovery' insurance. A serious illness can make it difficult or impossible for you to continue to work. If this happens, you will need to find a way to support yourself and your family. Trauma cover can provide a financial safety net for such events.
Key Person Insurance
Key person insurance (also known as ‘key man insurance’) is designed to protect businesses in the event that a key person, such as a partner or director, dies or becomes unable to work. The purpose of key person insurance is to ensure that the business continues to operate despite the insured event happening to the key individual. The benefit will be paid out in one lump sum.
Business Expense / Capital protection
Business expenses insurance pays a monthly benefit – generally for a maximum of one year – to cover fixed business costs if the business owner suffers an illness or injury and is unable to work.It can be particularly useful for smaller businesses with high fixed costs that are dependent on the income generated by the owner. Capital protected investments may interest you if you want to have exposure to investment markets, but want some protection against losing your capital.
Estate equalisation strategies
Estate equalisation strategies deal with the implications of splitting the Life Insured's Estate (including heir interest in the business) equitably or inequitably between the Children or Beneficiaries. Estate Equalisation Strategies are relevant, if some Children or Beneficiaries are interested in acquiring the Business, but others are not.