We recently saw one of our clients sucessfully claim on their Total and Permanent Disability policy where the benefit paid was $1,653,750.

Norman obtained the cover back in 2016 under the advice of one of our advisers along with Income Protection, Trauma and Life cover.

Having been diagnosed with a slowly progressing condition Norman has been unable to work in his usual occupation for many years now and as such successfully claimed on his TPD policy. He sent us this note this week:

“Hope all is well otherwise, and that the general population is slowly realising the need & value of decent insurance cover in increasingly uncertain times”

Norman continues to receive ongoing income from his Income Protection which to date amounts to over $600k in benefits.

These benefits are allowing Norman to continue to provide for his young family whilst he battles with the condition preventing him to work.

Personal insurance protects our future financial circumstances against unexpected illness or injury.

Deep down, most of us probably know that’s a good investment in our future. But the truth is many people struggle to engage with personal insurance enough to actually buy it, and for those that do,more struggle to keep it, review it and feel comfortable with it.

Life insurance can help you avoid the traps and pitfalls of complex decisions, as it’s designed to accurately assess and price your personal risks.

Additionally,if you have life insurance, you help to control some of the natural behaviours people tend to exhibit. Having cover in place helps to mitigate against any negative outcomes associated with these behaviours, such as a tendency to be overconfident, or avoid uncertainty.

Importantly, life insurance allows you to be confident that you’ve got the protection you really need for yourself and the people you love.

Please contact us if you would like to review your personal insurances to ensure you and your family are covered appropriately.