Risk insurance
Maintaining your family's lifestyle and financial well being in the case of you or your partner's death, illness or disablement is a crucial consideration.
Centric Wealth can provide you with advice and guidance on the range of insurance offerings that is available to families, individuals and businesses.
Personal insurance offerings we advise on include:
- Life insurance
- Total and Permanent Disability insurance
- Trauma insurance
- Income Protection insurance
Business insurance offerings we advise on include:
- Shareholder Protection
- Key Person insurance
- Estate Equalisation measures
- Business Expenses Protection
Our advisers will work with you in establishing and maintaining a comprehensive insurance protection strategy. Our process is to undertake a detailed analysis of personal and business insurances needs to ensure that you and your family are protected in the event of your death, trauma or disability. For many of our clients their most important asset they need to protect is their potential to earn an income to meet family lifestyle needs (such as education) and to repay debt (such as a mortgage).
We will assess insurance needs, quantifying cover required, ownership and beneficiary structures (and explaining the consequence of these on taxation and estate planning) determining the most suitable policies with relevant definitions at competitive rates, negotiating with underwriters and managing the application and approval process.
In the case of business insurance protection, shareholder cover and keyperson we will work with you , your accountant and solicitor to ensure the policy ownership structure is relevant to your agreements and resolutions.
We understand that insurance coverage can have important implications from an estate planning and tax perspective, and we will work with your solicitor or account or other appropriate professional.
We recognise that the only reason for insurance is to protect yourself and your family in the event of death, disability or illness. Therefore while our role in assessing your needs, and advising on, and implementing the cover is important of even more importance is assisting at claim stage. This can be an extremely stressful period for you or your family and our goal is to ensure that the claim process runs as smoothly and that the benefit is received quickly.
For a list of Risk Insurance Advisers, click here