Cover you can count on.

Life insurance, which pays a lump sum benefit on the death of the life insured, is an important component of any financial strategy as it provides security for loved ones and business partners.

Our financial advisers are experienced in insurance products and if you are self-employed, or a director of your own company, the life policy could be structured in a way that allows you a tax deduction on premiums.

In a business situation, life insurance taken out on key personnel can ensure the smooth transition of company ownership to new directors should a death occur. However, having the correct amount of life cover is essential and can be calculated by a 101 Wealth Solution professional using a death needs analysis. Total & Permanent Disability insurance should also be considered to provide a lump sum should you become permanently disabled.

We can also advise those with a SMSF whether they may benefit from having their life insurance owned by their SMSF.