When deciding which investments are right for you, it is important to understand the trade-off between risk and return and how to manage investment risk. A risk profile can help identify the type and mix of investments that will best help you achieve your financial and lifestyle goals.
Why do we insure our car, home and other possessions, but so few of us insure ourselves? If you were to stop working for an extended period, due to sickness or injury, would you be able to continue to pay your bills? Personal risk insurance gives you peace of mind that if the unexpected occurs, you and your family will be provided for. The staff at Player Hall will help you make the right choice regarding what type of insurance will benefit you.
Choosing the right type and the right amount of insurance is essential to make sure that if anything were to happen, you and your loved ones would be looked after financially. There are four main types of personal insurance. These include:
Life insurance
A lump sum payable on death or terminal illness. This can help support your dependents to maintain living standards or pay off debts.
Total and Permanent Disablement (TPD)
A lump sum to help support you if you are totally and permanently disabled due to illness or injury.
Trauma cover
A lump sum to help support you if you are diagnosed with a specified major medical condition (eg. heart attack, stroke or cancer).
Income protection
A monthly income stream to help support you if you are temporarily unable to work because of illness or injury.
Wealth Creation Financial Planning Services provided as an authorised representative of Count Financial Limited AFSL 227232.
The advice provided is general advice only as, in preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.
