Personal Insurance Assessments

Insurance might seem to some like a set-and-forget item of limited importance, but it’s critical to get it right.

We provide a service to assess exactly how much life insurance, income replacement and business expense insurance you should carry.

We do this because it is essential that you are not under insured and also important to not be over insured.  Because having the right insurances can be a great blessing when unplanned situations arise.

It’s a prudent part of your wealth generation strategy.

When your financial situation is such that the investment income or other non personal exertion income is not enough to meet all the day to day living costs then the role of that insurance kicks in and becomes obvious.

Insurance cover should be reviewed each year as the overall investment portfolio changes in value and circumstances change. Ideally, the level of insurance should be able to be reduced each year as assets increase in value.

It is also important to review the insurance policy wording to make sure that there is a high probability of the insurance policy paying out when and what, you expect it to.

As part of our Insurance Assessment service we will actually read your policy documents to highlight areas of deficiency or strength in the policy and help you to select the optimum package to suit your particular requirements.

Very importantly, recommendations from our office are never based on what kind of commission is on offer from the insuring bodies.

Insurance is not our end game.  The overall wealth generation plan it sits in is.

Phone:             (07) 3808 7588
Fax:                  (07 3808 7633
Email:              Contact David Wilkins Here.
Website:         http://www.davidwilkins.com.au

ABN AMRO Morgans Limited A.B.N. 49 010 669 726 AFSL 235410
A Participant of ASX Group
A Principal Member of the Financial Planning Association