For many of us, insurance is something that we are going to look at one day, but often never get around to it until it is too late.
Ask your self – could your family survive without money? Think what would happen if you weren’t able to work because of sickness, accident or something else.
Your regular income helps you make the most of life, and build towards the future you’ve planned.
Income Protection Insurance gives you an alternative source of income so you can keep your household up and running, and still look after your loved ones while recovering. That’s what Income Protection is really about: taking the financial pressure off so you can concentrate on getting back on your feet.
With a comprehensive life insurance plan, you can cover your income, debts and lifestyle and protect your family financially.
Don’t wait until it is too late.
Let’s go through your personal and business circumstances and devise a plan that will be suitable, cost effective and correct for you and your family.
Make an appointment with us now by calling on (08) 9256 3788 or emailing us on email@example.com
look through the rest of our website at www.cwmm.com.au to find out more about what we can do for you.
Remember, after all, only half of life is what happens to us. The rest is what we make of it.
How do you plan for a disability?
Who else can be affected?
Is there something that can be done to alleviate the effect?
Watch the video below for some key insights on this difficult topic
What are the leading causes of critical illness claims?
How much cover should I have?
What can I do to ensure that I am suitably protected?
The video below shows the serious need for appropriate cover.
Age old questions!
Should you have it?
Do you need it?
Is it worth it?
What’s the difference between policies?
And probably most importantly, if you claim, is it paid?
Watch these video interviews for a different perspective.
|What Is a Binding Death Nomination?
In the world of financial planning there are a myriad of terms that planners use, which can sometimes be confusing.
One of these terms is “A Binding Death Nomination”. What is it and why is it a critical part of your planning process?
A Binding Death Nomination is a written declaration to the trustee of your superannuation fund outlining who you wish to be the beneficiary for your superannuation entitlements in the event of your death.
This is a nomination that the trustees are obliged to follow. You may only nominate a spouse, child, someone who you held an interdependency relationship with, or a financial dependant.
It is important to review death benefit nominations regularly and to include full details of your beneficiaries – including their relationship to you, their full name and their address.
Keeping your super fund trustee informed of any changes to your beneficiaries – or changes to their personal details – will make the task of distributing your super much less complex for all involved.
It’s also worth noting that binding death benefit nominations are only valid for three years – so make sure you update your nomination regularly.
To be valid, a binding death benefit nomination must be:
· Signed by you; and
· Witnessed by two persons who are not beneficiaries of the nomination; and
· Contain a declaration signed and dated by the witnesses that the nomination was signed in their presence.
Why is a Binding Death Nomination important?
Superannuation accumulates over time and can form a sizeable portion of your asset base for retirement planning purposes.
Also, sad but true, family relationships change. So keeping these affairs up to date is really important.
Where to from here?
Call us on (08) 9256 3788 to arrange a discussion or email us at firstname.lastname@example.org and we’ll meet with you to discuss your needs.
None of the above has been prepared without considering your personal objectives, financial situation or needs. Therefore, before acting on it, please consider if it is appropriate to your specific circumstances. You should also seek advice from your tax adviser in relation to tax matters and you should seek legal advice from your lawyer in relation to legal matters.
We insure our cars, houses and even our tv!
What about one of our biggest assets? Our ability to earn an income.
Just how long would you be able to survive if you weren’t able to earn income due to illness or injury?
The video interview below is well worth watching.