Services we offer:
Wealth Creation
At Wilson Financial we specialise in the accumulation stage of Wealth Creation. Our advice centres on creating wealth inside and outside of superannuation, with a focus on efficiently creating returns, legitimately minimising tax and working with our clients to get them on track to the retirement lifestyle they deserve. At Wilson Wealth and Insurance we do not provide 'one fits all' advice, we tailor a financial plan that aligns with your needs and goals. Get in contact to understand how we can help you maximise all aspects of your financial future.
Life Insurance
Life insurance is perhaps the first type of insurance that was introduced. Its main purpose is to cover you for death. Life insurance pays a lump sum benefit to your beneficiaries when you die. Hence, you can say that life insurance gives you peace of mind knowing your family is financially protected no matter what happens to you. It might not cover for all their financial needs, but it would be enough to ease up the load. Life insurance can also do the following:
In addition, life insurance has also a savings component which you can use to purchase a plan – pension arrangements. This is the least know component of life insurance which is tied to a pension plan. Through pension arrangements, you can make contributions to a pension which is funded by an insurance company.
Total and Permanent Disability Insurance
This type of insurance gives you cover and protection against total or permanent disability caused by an accident, illness, or injury. In the event you have sustained permanent or total disability, you will be paid a lump sum benefit which will help you cover life expenses going forward.
Total and permanent disability insurance can be help you in a number of ways:
Total and permanent disability insurance saves you from emotional and financial stress your family would go through if you became disabled.
At Wilson Financial we specialise in the accumulation stage of Wealth Creation. Our advice centres on creating wealth inside and outside of superannuation, with a focus on efficiently creating returns, legitimately minimising tax and working with our clients to get them on track to the retirement lifestyle they deserve. At Wilson Wealth and Insurance we do not provide 'one fits all' advice, we tailor a financial plan that aligns with your needs and goals. Get in contact to understand how we can help you maximise all aspects of your financial future.
Life Insurance
Life insurance is perhaps the first type of insurance that was introduced. Its main purpose is to cover you for death. Life insurance pays a lump sum benefit to your beneficiaries when you die. Hence, you can say that life insurance gives you peace of mind knowing your family is financially protected no matter what happens to you. It might not cover for all their financial needs, but it would be enough to ease up the load. Life insurance can also do the following:
- Pay your family back for whatever funeral costs
- Help pay mortgage and other financial obligations that you might leave behind
- Look after your estate planning needs
- Provide income for your spouse while looking for a job
- Cover other extra expenses your family might have
In addition, life insurance has also a savings component which you can use to purchase a plan – pension arrangements. This is the least know component of life insurance which is tied to a pension plan. Through pension arrangements, you can make contributions to a pension which is funded by an insurance company.
Total and Permanent Disability Insurance
This type of insurance gives you cover and protection against total or permanent disability caused by an accident, illness, or injury. In the event you have sustained permanent or total disability, you will be paid a lump sum benefit which will help you cover life expenses going forward.
Total and permanent disability insurance can be help you in a number of ways:
- Helps you pay off expenses incurred by the disability such as nurses or medical expenses
- Helps you with the expenses when you have to change your lifestyle due to the disability like renovating your home to fit your current needs and lifestyle
- Gives you an alternate source of income if your partner had to quit work to support you
Total and permanent disability insurance saves you from emotional and financial stress your family would go through if you became disabled.
Critical Illness Insurance
Critical Illness Insurance pays you a lump sum benefit if you have been diagnosed with a critical illness, such as heart diseases, cancer, or stroke. It also goes by another name, Trauma insurance. It is designed to give you money, especially when you need it. However, it should be noted that the definition of critical illness may be different between each provider.
Thinking of being ill seems morbid. But it is better to be prepared because sickness sometimes comes knocking on your door unexpectedly – a situation which you don’t want to find yourself in. It might even be worse if you are financially unprepared. But having Critical insurance spares you from all these kinds of trouble. It should never be an option because it can prove to be very helpful in times of need.
Income Protection Insurance
Income protection is especially designed to pay or provide you with a steady stream of income every month in case you sustain an injury and have to stop working because of an accident. It pays a benefit of up to 75% of your gross monthly income. It is especially designed so that you can focus more on the most important thing – your fast recovery. Income protection insurance accomplishes two things:
With proper and adequate insurance you will be able to negotiate the various pitfalls scattered throughout life. You would be a very fortunate person indeed if you lived your whole life without something drastic happening that put you and your family in financial distress. Some people experience more hardship than others but it only takes one serious event to occur (for which you were unprepared!) to put you back financially where you could be forced to pay out your entire savings and sometimes even more. This won't happen if you are sufficiently protected and it need not cost you as much as you think. Especially if you take into account the loss you will be exposed to if you were not insured for that particular risk.
To learn more about our financial planner, Nick, please click here.
Critical Illness Insurance pays you a lump sum benefit if you have been diagnosed with a critical illness, such as heart diseases, cancer, or stroke. It also goes by another name, Trauma insurance. It is designed to give you money, especially when you need it. However, it should be noted that the definition of critical illness may be different between each provider.
Thinking of being ill seems morbid. But it is better to be prepared because sickness sometimes comes knocking on your door unexpectedly – a situation which you don’t want to find yourself in. It might even be worse if you are financially unprepared. But having Critical insurance spares you from all these kinds of trouble. It should never be an option because it can prove to be very helpful in times of need.
- Covers medical expenses allowing you to choose the best available medical care there is
- It pays for medical equipment and rehabilitation costs
- Allows you to pay your bills and other expenses without causing additional financial stress to your family
- Gives you and your spouse a choice to stop working in case you needed to be taken care of
Income Protection Insurance
Income protection is especially designed to pay or provide you with a steady stream of income every month in case you sustain an injury and have to stop working because of an accident. It pays a benefit of up to 75% of your gross monthly income. It is especially designed so that you can focus more on the most important thing – your fast recovery. Income protection insurance accomplishes two things:
With proper and adequate insurance you will be able to negotiate the various pitfalls scattered throughout life. You would be a very fortunate person indeed if you lived your whole life without something drastic happening that put you and your family in financial distress. Some people experience more hardship than others but it only takes one serious event to occur (for which you were unprepared!) to put you back financially where you could be forced to pay out your entire savings and sometimes even more. This won't happen if you are sufficiently protected and it need not cost you as much as you think. Especially if you take into account the loss you will be exposed to if you were not insured for that particular risk.
To learn more about our financial planner, Nick, please click here.
Wilson Wealth and Insurance Pty Ltd (ABN 66 604 913 359) is a Corporate Authorised Representative (No. 1007013) of Alliance Wealth Pty Ltd (AFSL No. 449221). Alliance Wealth Pty Ltd only licenses Wilson Wealth and Insurance Pty Ltd to provide advice on life products (investment & risk), managed investment schemes, retirement savings account products, securities, and superannuation. This pertains to our "Financial Planning" advice arm of the business.
Nicholas Calhau Authorised Representative No. 1262797 | www.centrepointalliance.com.au/aw | https://www.wilsonfinancial.com.au/uploads/1/5/6/4/15643250/nicholas_calhau_adviser_profile_14102024.pdf
Credit advice is given by ACN 104 107 084 - Elizabeth Wilson & Associates Pty Ltd and pertains to all lending the business advises on.
Elizabeth Wilson & Associates Pty Ltd is a registered credit representative (CRN #383371) of Astute Financial Management Pty Ltd - Australian Credit Licence Number 364253
Nicholas Calhau Authorised Representative No. 1262797 | www.centrepointalliance.com.au/aw | https://www.wilsonfinancial.com.au/uploads/1/5/6/4/15643250/nicholas_calhau_adviser_profile_14102024.pdf
Credit advice is given by ACN 104 107 084 - Elizabeth Wilson & Associates Pty Ltd and pertains to all lending the business advises on.
Elizabeth Wilson & Associates Pty Ltd is a registered credit representative (CRN #383371) of Astute Financial Management Pty Ltd - Australian Credit Licence Number 364253
