An Introductory Guide to Personal Insurance

Financial Independence, Retire Early is a recent movement starting in the early 90s. The idea behind the movement is conscious management of personal finances to a point where you are able to cover your ideal lifestyle expenses using your own financial means.

Protecting your lifestyle from the unexpected.

Most individuals have house insurance, but they don’t think about insuring their most important
asset. Their long-term survival and capacity to make a living. We can give you with completely educated guidance and education on the many types of insurance and product features available in the marketplace because of our experience. We adapt the level of coverage you need to your specific circumstances, ensuring that it meets your financial demands.
Personal insurance methods safeguard you and your loved ones against a number of risks, such as loss of income, mortgage repayments, debt payback, medical bills, and rehabilitation expenditures, allowing you to get back on your feet faster.

Few individuals have the same requirements as the level of cover you require is dependent on a number of factors, such as whether you:
are you single, married or de facto
have a mortgage
have a family
have received an inheritance
have sold a property or business
are self-employed
A Financial Adviser will help you examine your alternatives and discover a solution that is tailored to your specific needs.
Ensure that you and your loved ones are protected by contacting a Phoenix Advisory Group Financial Adviser immediately.

Life Insurance
Following the loss of your principal source of income, you must protect your family and
lifestyle.

In the case of your death, life insurance provides a lump amount to your loved ones, safeguarding them against the often-overlooked consequences of your death. Mortgage repayments, existing debts, and other obligations / commitments undertaken prior to the loss of a primary income can all be covered with this coverage. Most plans feature a terminal illness benefit that pays out the principal death benefits in advance once a terminal disease is diagnosed and death is expected within the next twelve months.

A variety of factors, such as money, obligations, and lifestyle, impact the amount of coverage necessary. A Financial Adviser will work with you to determine the amount you’ll need to pay out depending on your responsibilities while also covering the costs of loved ones in the future.
Protect your family’s future today by contacting us today.

Total & Permanent Disability
A variety of factors, such as money, obligations, and lifestyle, impact the amount of coverage necessary. A Financial Adviser will work with you to determine the amount you’ll need to pay out depending on your responsibilities while also covering the costs of loved ones in the future.
Protect your family’s future today by contacting a Financial Adviser from Phoenix Advisory Group.

Trauma Protection
A variety of factors, such as money, obligations, and lifestyle, impact the amount of coverage necessary. A Financial Adviser will work with you to determine the amount you’ll need to pay out depending on your responsibilities while also covering the costs of loved ones in the future.
Protect your family’s future today by contacting a Financial Adviser from Phoenix Advisory Group.

Income Protection
How long would you be able to keep up your current lifestyle and make your bills if you were unable to work?

Up to the age of 65, income protection offers continuous payments of up to 60-70% of your gross wage until you are able to return to work, or if you are unable to return. In most cases, the insurance premium is tax deductible and provides financial stability in the event of an accident, sickness, or trauma. Up to the age of 65,

To learn more, or discuss your insurance needs with a Financial Adviser, get in touch.