Having the right insurance coverage is essential for a secure and worry-free life.
Our insurance services simplify the process, offering expert guidance to help you find the best policies for protecting what matters most.
From securing life insurance to ensuring income protection and total permanent disability (TPD) coverage, we tailor our services to fit your unique needs and goals.
Let one of our skilled advisers handle the complexities, so you can focus on living your life with confidence. Read on to learn more about how we can help you achieve peace of mind.
Understanding the importance of personal insurance is crucial for protecting your financial future. In this video, Erin breaks down how our insurance services can safeguard you and your loved ones from unexpected events.
Erin Truscott:
Hi, I’m Erin from Direct Wealth, and I want to talk to you about retirement planning. So, when we sit down with a client at Direct Wealth who is there for some retirement planning, the number one thing is to really understand what they want to achieve and what this looks like. How old are they going to be? Are they retiring together, if they’re a couple, or separately, and what they want this process to look like? Once we’ve had the opportunity to understand everything about your super and any other avenues that you’re going to be able to accumulate income from and to use in your retirement, we will then build a plan to make sure we can monitor that as you start and go through retirement.
One of the biggest problems we see people run into when they don’t get advice is really not understanding the complex landscape that retirement brings, and this comes with all kinds of limitations, things like the age we can access our super, the tax that comes along with super because there are taxable components, how we can transition to retirement specifically, and when we can then fully access that super without any boundaries.
So, if we think about what impacts a client’s retirement lifestyle the most, for us at Direct Wealth, one of the key things would be trying to start as early as you can. Because if we can start putting in place those strategies for building and tax minimization nice and early, then this will have a significant impact on your capital amount, which gives you more income at retirement.
After you’ve sat with your Direct Wealth advisor and you’ve built that retirement plan, the next part is what we believe is the most important, and that’s the ongoing review process. And this is just all about working with you on an ongoing basis to understand anything that comes up or that changes to ensure that we can adapt that plan as you continue to move into retirement.
So, if you are thinking about starting on that retirement planning journey, please do reach out to Direct Wealth, and we’ll team you up with the best advisor for you to help you start that journey.
Insurance is a crucial part of a solid financial plan, giving you security and peace of mind when you need it most. It protects you and your loved ones from financial hardship due to unexpected events. Personal insurance covers a range of areas, including health, income, life, and accidents, ensuring financial security and peace of mind.
In this section, we’ll explain three important types of personal insurance that we specialise in: income protection insurance, life insurance, and total and permanent disability (TPD) insurance. Each of these offers unique benefits and helps protect your financial future.
Income protection insurance replaces part of your income if you’re unable to work due to illness or injury. This is especially useful for self-employed individuals who don’t have employer-provided benefits.
By securing the best income protection insurance in Australia, you can maintain financial stability during tough times. You can even get this insurance through your superannuation for added convenience.
Life insurance provides a financial payout to your beneficiaries if you pass away, ensuring your loved ones are financially secure. It can also be bundled with income protection for a comprehensive safety net.
TPD insurance provides a lump sum payment if you become totally and permanently disabled and can’t work again. This coverage ensures you have the financial support needed to manage your expenses and maintain your quality of life.
By understanding these essential insurance types and their benefits, you can make informed decisions to protect yourself and your loved ones. If you have any questions or need personalised advice, contact us today to explore your options.
Our personal insurance services are designed to ensure you have the best coverage tailored to your needs. Here’s how we can assist:
No matter what you need, our team of insurance professionals are here to help. Reach out to us today to get started.
Our personal insurance services offer significant benefits, providing security and peace of mind:
At Direct Wealth, the numbers tell our story. With years of dedicated service, tons of experience, and countless happy clients, we’ve built a reputation for trust and excellence.
Here’s a look at what we’ve achieved:
We make finding the right insurance straightforward, offering tailored advice to suit your unique needs. Our goal is to simplify the process and give you peace of mind.
Our team of insurance experts will guide you through your coverage options in a clear and simple way.
We’re here to help you understand your choices and make the best decisions for your situation.
Why struggle on your own when you can tap into our knowledge and support? We’re here to make things easier for you.
Your insurance needs are unique to you.
We take the time to understand your specific needs and circumstances so we can provide personalised service, ensuring you get the best coverage.
With our support, you can relax knowing you have the best options for your situation.
Navigating the complexities of insurance can be daunting, but you don’t have to do it alone.
Our advisors simplify the process, making it easier for you to make informed decisions.
With our guidance and support, you gain the peace of mind that comes from knowing you and your loved ones are well-protected.
We’re here to create personalised insurance strategies that meet your needs.
Whether you’re looking to protect your health, income, or secure your family’s future, we’re here to help.
Our goal is to ensure you have the best coverage in place, giving you peace of mind and financial security.
Ready to protect what matters most? Contact us today to get started.
Jamie F.
Satisfied Client
“I had a fantastic experience with Direct Wealth! From the very beginning, I felt comfortable with the entire process. Kirsty and the team were professional, knowledgeable, and always available to answer my questions.
They took the time to understand my needs and provided tailored advice that I could trust. I highly recommend Direct Wealth to anyone looking for expert financial guidance. Thank you for your exceptional service.”
The first step is an easy welcome call. This quick and painless chat is all about getting to know one another. You can ask questions and get a feel for whether we’re right for you.
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Income protection insurance is essential if you rely on your income to cover your living expenses. It provides financial support if you are unable to work due to illness or injury, ensuring you can maintain your lifestyle and meet your financial commitments.
Income protection insurance pays a portion of your income, typically up to 75%, if you are unable to work due to illness or injury. The benefits are paid monthly and can help cover your living expenses during the recovery period.
The cost of income protection insurance varies based on factors such as your age, occupation, health, and the level of cover you choose. It’s best to get an income protection insurance quote to understand the specific costs for your situation.
In Australia, the cost of income protection insurance depends on several factors, including your age, occupation, health status, and the terms of the policy. Typically, premiums can range from a few hundred to several thousand dollars per year.
Yes, income protection insurance is worth it for many individuals, as it provides financial security and peace of mind. It ensures you have an income stream if you are unable to work due to illness or injury, helping you maintain your financial stability.
Some income protection policies offer redundancy cover, providing financial support if you lose your job. However, this is not a standard feature in all policies, so it’s important to check the terms and conditions.
Monthly benefits from income protection insurance provide a regular income, typically up to 75% of your pre-tax income, if you are unable to work due to illness or injury. This helps you cover your living expenses while you recover.
A weekly benefit in income protection insurance is a payment made to you on a weekly basis, rather than monthly. This can be beneficial for those who prefer more frequent payouts to manage their finances.
Life insurance with income protection is a combined policy that provides a lump sum payment upon death or diagnosis of a terminal illness, as well as regular income payments if you are unable to work due to illness or injury.
Personal life insurance provides a lump sum payment to your beneficiaries in the event of your death or terminal illness. It ensures your loved ones are financially protected and can cover expenses such as mortgages, education, and daily living costs.
Life cover, also known as life insurance, is a policy that pays out a lump sum to your beneficiaries if you pass away or are diagnosed with a terminal illness. It helps provide financial security for your loved ones in difficult times.
Death and total permanent disability insurance provides a lump sum payment if you die or become totally and permanently disabled. This financial support can help cover medical expenses, living costs, and any necessary modifications to your home.
Permanent disability TPD insurance offers financial protection if you become permanently disabled and are unable to work. It provides a lump sum payment to help cover medical expenses, rehabilitation costs, and living expenses.
Personal accident insurance in Australia offers financial protection if you are injured in an accident. It helps cover medical bills, rehabilitation, and other related costs, ensuring you can recover without financial stress.
Personal injury insurance covers medical expenses, rehabilitation costs, and sometimes a lump sum payment if you are injured. It provides financial support to help you recover and manage expenses related to your injury.
In insurance terms, 12 months usually refers to the duration of a benefit period or policy term. It indicates how long you can receive benefits or how long your policy is valid before needing renewal.
Insurance covers refer to the protection provided by an insurance policy. This can include coverage for health, income, life, disability, accidents, and more, depending on the policy terms.
The level of cover in insurance refers to the amount of protection or benefits you receive from your policy. Higher levels of cover provide more extensive benefits but may come with higher premiums.
Terms and conditions in insurance outline the rules, obligations, and provisions of your policy. They detail what is covered, any exclusions, how claims are processed, and other important aspects of your coverage.
