Meet our savvy, self-employed client who needed an insurance tune-up. By meticulously analysing her existing coverage, understanding her needs, and sharing crucial insights, we put robust protections in place just in time. The unexpected was waiting just around the corner, but her proactive steps made all the difference.
As we dug into her coverage, we spotted a red flag: Her income protection didn’t match her needs. The monthly benefit was lower than what she qualified for, and the coverage would’ve wrapped up after just 5 years. This meant that in the unfortunate event she couldn’t return to work, her cover would cease when she turned 52.
Recognizing the need for long-term security, we stretched her benefit period by a solid 13 years, securing her until age 65 if work became a no-go. We educated her about the benefits of trauma insurance (something she didn’t have). After considering her options, she decided to apply trauma coverage that fit her budget, while adding enough to make a meaningful difference at claims time.
Life has a way of surprising us, and it certainly did in this case. Sadly, she discovered a lump on her breast. When we got the call about her situation, PJ went by her house to offer our support and help her complete the claims paperwork. Then we hustled, ensuring her claim stayed front and centre with her insurers. The result? She got the claim money within 3 weeks of our first chat.
Even during treatment, she kept working part-time. But her Income Protection stepped in to cover the income loss due to reduced hours. And thanks to our comprehensive and educational discussions, she had trauma coverage in place. Which meant she got the support she needed, without the financial headache.
If you want to work with expert insurance advisors who genuinely care about the financial security of your business and family, reach out. We’ll show you how we can help you navigate life with ease.