We are here to empower you to live your best possible life through comprehensive financial advice. We do this by getting to know you and what is most important to you and developing a strategy tailored to your unique situation.
Invest Blue has a number of offices conveniently located in rural, coastal and city locations across QLD, NSW, ACT, TAS and VIC. All of our offices are supported by an operations team of technical advice, research, client experience, compliance and IT specialists.
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Before you determine how much, there are some key variables to consider. We have a philosophy around ‘wealth protection’ that guides how we make those recommendations.
As we move through life, the amount of insurance protection, or ‘cover’ we should have, changes. A very common question we hear when working with new clients is ‘how much should I have’? And no matter if you are a new client or one we have been working with for years, we look at your life now to make that determination.
Got any insurance questions in mind? Don’t hesitate to contact us. Get in touch.
Before you determine how much, there are some key variables to consider. We have a philosophy around ‘wealth protection’ that guides how we make those recommendations. The principle behind insurance cover is that you need an amount that will keep you and your family as financially secure as possible should an unexpected or unfortunate event occur. This may be an accident that leaves you injured or disabled, an illness or a death.
The amount of cover will consider variables like:
Your age
What you currently earn
What you currently owe (mortgages, loans, etc)
Your current health risk
Whether you have dependents
If you are a business owner or employee
Your personal view of risk and lifestyle goals
Your current savings
How much you should have can be estimated through calculators online, but the reality is, each of us is different, and the right amount is likely going to be better determined by speaking with a professional.
There are other things to consider as well, including:
What type of cover do you need?
Which provider will work best for your situation?
What the claims process would be like – if, for example, you work with us to find the right policy, we are also here for you when and if you need to make a claim.
We have worked with many families through the difficult period of claiming on a policy, and that is a terribly tough time for everyone. Seeing a loved one struggling or lost is just painful. Where we take comfort is that our client had the right cover and that money won’t be adding to what is already a stressful time.
If you want to learn more about how you can plan to make the best future for you get in touch with the financial experts at Invest Blue today.
What you need to know
This information is provided by Invest Blue Pty Ltd (ABN 91 100 874 744). The information contained in this article is of general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regards to those matters and seek personal financial, tax and/or legal advice prior to acting on this information. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relations to products and services provided to you.
