Life can be uncertain, and these unexpected difficulties can sometimes bring financial challenges. With the right kind of personal insurance in Melbourne, you can find financial security for yourself and your loved ones and get peace of mind. We will assess your income and potential risks and recommend the suitable insurance protection you need.
At Amicus Financial Lifestyle Planning, we are committed to helping our clients secure their financial futures. With over 35 years of experience, we understand that choosing the right insurance plan can be overwhelming. We guide you through the process, providing expert advice and personalised service every step of the way.
Life Insurance
Life insurance provides financial protection for your loved ones in the unfortunate event of your death. It offers a lump sum payment to your beneficiaries, helping them cover expenses such as mortgage payments, education costs, and daily living expenses. With life insurance, you can have peace of mind knowing that your family will be taken care of financially when you're no longer around.
TPD (Total and Permanent Disability) Insurance
TPD insurance provides coverage if you suffer a total and permanent disability that prevents you from working. It offers a lump sum payment to help cover medical expenses, rehabilitation costs, and ongoing living expenses. TPD insurance provides financial support to help you maintain your quality of life and cover expenses when you're unable to earn an income due to a disability.
Income Protection
Income protection insurance provides a monthly benefit if you're unable to work due to illness or injury. It replaces a portion of your income, typically up to 75%, helping you cover essential expenses such as mortgage payments, bills, and groceries. Income protection insurance offers financial security and peace of mind, ensuring that you can maintain your lifestyle and meet your financial obligations even when you're unable to work.
Trauma Insurance
Trauma insurance provides a lump sum payment if you're diagnosed with a serious illness or injury covered by your policy. It offers financial support to help cover medical expenses, rehabilitation costs, and other expenses associated with your recovery. Trauma insurance provides a financial safety net, allowing you to focus on your health and recovery without worrying about the financial impact of a serious illness or injury.
When it comes to financial planning in Melbourne, you need a trusted partner who understands your unique needs and aspirations. We are multilingual financial advice practice and can help some clients from various linguistic backgrounds. We can speak English, Mandarin, Cantonese, Hainan, and can speak other language in an intermediate level of communication in Hakka and Hokkien. Here’s why Amicus Financial Lifestyle Planning stands out from the crowd:
With over three decades in the financial industry, we has amassed a wealth of knowledge and expertise. Our extensive experience enables us to navigate complex financial situations with confidence and precision, providing you with reliable insurance guidance tailored to your unique circumstances.
We prioritise building strong, personal relationships with each client. Our one-to-one approach means you receive individualised attention and support, giving us a deeper understanding of your financial goals and preferences. This personalised interaction ensures that your insurance portfolio is designed to meet your specific needs.
We understand that no two clients are alike. That's why we take a bespoke approach to portfolio construction, tailoring insurance strategies to align with your financial situation and potential risk zones. By crafting a personalised portfolio that reflects your individual preferences and goals, we aim to maximise your long-term success and financial security.
We believe in empowering our clients with knowledge and understanding. In addition to providing expert guidance and advice, we also offer comprehensive education about our services and the broader financial landscape. Whether you're a seasoned investor or new to financial planning, we're committed to ensuring you have the information and resources you need to make informed decisions about your financial future.
Personal insurance coverage aims to protect you in difficult times. Whether you’re diagnosed with a life-altering medical condition, lose employment due to an accident, or suddenly pass away, personal insurance policies provide financial security in such turbulent situations.
The level of coverage will differ based on the type of personal insurance in Melbourne. For example, life insurance policies provide a lump sum amount to your dependents, ensuring they are financially self-reliant. On the other hand, an income protection policy will provide regular payments, serving as a replacement for your regular income in the event you’re forced to take time off work due to illness or injury.
With Amicus Financial Lifestyle Planning, gain a deeper understanding of the different insurance options. We offer personalised insurance solutions tailored to your financial situation and needs.
At Amicus Financial Lifestyle Planning, we understand that navigating the insurance claims process can be daunting. That’s why we’re here to help. We will guide you through every step of the process, from filing your claim to ensuring you receive the full benefits you’re entitled to.
We pride ourselves on providing prompt and efficient claims handling services, ensuring you receive the support you need when you need it most. With us by your side, you can rest assured that your insurance claims are in good hands.
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Initial Consultation
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Assess Your Needs and Goals
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Discuss Our Recommendations
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Ongoing Review
Choosing the right insurance coverage is one of the most important financial decisions. It impacts not only your security but also the well-being of your family. At Amicus Financial Lifestyle Planning, we’re here to help you navigate the complexities and find the right coverage for your needs.
Whether you’re looking for life insurance, income protection, or trauma protection, we work with you to understand your goals and tailor a solution that meets your unique needs and budget. We leverage our industry experience and expertise to ensure you have a secure future, helping you protect what matters most.
Take the first step towards securing your financial future. Talk to us for a personalised insurance solution that’s right for you.
We will get back to you in no time.
Jimmy Son is an Authorised Representative (No 248965) and Jimmy Son & Associates Pty Ltd T/A Amicus Financial Lifestyle Planning is a Corporate Authorised Representative (No. 248876) of Spark Advisors Australia Pty Ltd (ABN 34 122 486 935, AFSL 380552)
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General Advice Warning: The information in this website and the links has been prepared for general information purposes only and does not take into account your personal objectives, financial situation or needs. It is not intended to provide commercial, financial, investment, accounting, tax or legal advice. You should, before you make any decision regarding any information, strategies, or products mentioned on this website, consult a professional financial advisor to consider whether it is suitable and appropriate for you and your personal needs and circumstances. Before making a decision to acquire a financial product, you should obtain and read the Product Disclosure Statement (PDS) relating to that product, together with the Target Market Determination (TMD).
Income Protection Insurance pays a monthly benefit of up to 75% of your regular before-tax income if you can’t work due to a serious illness or injury.
If you have high levels of debt and you are the main bread winner in the family, then taking out income protection can offer you a much needed safety net. Should you become ill or injured and unable to work, you can relax and focus on your recovery knowing you have ongoing cash flow to meet your mortgage repayments, medical bills and maintain your family’s quality of life.
Income Protection Premiums can be claimed as a tax deduction. There are various factors that affect the premiums. One of them is the different waiting periods before the cover is paid. Premiums reduce as the waiting periods increase from 30, 60, 90, 120 days, 1 year or 2 years. You can select benefit periods from 2 years to age 65.
Trauma insurance is also known as critical illness insurance. It provides a lump sum to meet immediate medical expenses and other expenses when a critical illness or critical injury occurs.
Conditions covered vary from policy to policy, but typically include as standard various cancers, heart disease and/or heart attack and stroke,
For an affordable premium amount you can give yourself and your family a peace of mind.
You can take out TPD insurance to cover the cost of rehabilitation, debt repayments and the future cost of living for yourself and your family.
It is important to understand the definition of TPD covered by your insurer to get the most appropriate cover for your occupation type.
