FINANCIAL PLANNING SERVICES

Life Insurance

Insurance is probably one of the more frustrating things that you purchase. You pay money for something that you hope you never have to use. But if you need to make a claim, it could be the lifeline that keeps your world together. Discover the key insurance options that can shield your family and financial stability.

OUR INSIGHTS HAVE BEEN REPORTED IN

Total permanent disability (TPD) insurance: Preserving your finances

TPD insurance provides a lump-sum payment if you become totally or permanently disabled.  While you may not be capable of earning an income, you’re still alive and have expenses to cover.  You can tailor the plan to your needs and the coverage level required is similar to life insurance.

Trauma insurance: Navigating health challenges

Trauma insurance offers a lump-sum payout if you’re diagnosed with a critical illness like cancer, heart attack, or stroke. This financial cushion helps cover medical expenses during an stressful time. The coverage level is usually lower than TPD since you’re more likely to recover and resume earning.

Income protection insurance: Securing your livelihood

Income protection insurance ensures you receive up to 75 percent of your current monthly income if illness prevents you from working. Payments start after a waiting period and continue monthly for a predetermined period. You can choose the waiting period and benefit duration, tailoring the plan to your needs.

Business expense insurance: Safeguarding your business

For self-employed individuals, business expense insurance is invaluable. It provides revenue for your business if you’re unable to work. This coverage could be critical if you need to hire someone to manage your responsibilities while you’re unable to.

Securing your family's future with Financial Spectrum

Finding the right insurance to safeguard your family can be confusing and overwhelming. Also, each policy has a list of pre-defined medical conditions that it covers so it’s critical that you understand what you’re purchasing.  Your unique circumstances determine the insurance you need. Striking a balance between cost and coverage is crucial.

At Financial Spectrum, we take time to understand your needs and offer a comprehensive insurance analysis to identify the most suitable and cost-effective policies for your specific situation.

How we work with you

At Financial Spectrum, we assess the risks pertinent to your situation and guide you toward suitable insurance coverage. Striking the right balance between cost and benefit is our priority, making your money go as far as possible.

We understand that life insurance might seem like a significant expense with uncertain returns. However, the challenges of sickness, disability, or loss are tough enough without the added burden of financial stress. Clients who’ve faced illness have appreciated focusing on recovery, free from money worries. Those dealing with loss have found solace in avoiding financial strain on top of grief.

We operate commission-free, ensuring you get the right coverage for your specific situation that is affordable. Some insurance premiums, like income protection, are tax-deductible and others you can pay for through your super.

By entrusting risk management to experts, you’ll experience better sleep at night, knowing your family’s financial wellbeing is shielded.

WE'RE AWARD WINNING FINANCIAL PLANNERS AND ADVISORS

Case Study

Who we helped

Who we help text

How we helped them

Who we help text

Results

We have been clients of Brendon for over a year now and how our lives have changed. Previously we could see no possible way we would be able to retire comfortably and be debt free, but Brendon gave us a road map to get to that point in four years....
Michael, Sydney
The team at Financial Spectrum are experts in a complex area: specialising in creating financial solutions for up and coming young executives. They recognise that this group have special needs, and their wealth creation strategies and tax solutions are tailored specifically to suit. They are about strategy, not just products....
Toby, Sydney
Brenton is a smart, savvy and friendly advisor who has worked closely with me to understand my financial drivers and aspirations, and to create a whole new financial trajectory for my future during the past three years.
Alison, Sydney
Brenton is genuine, honest and his professionalism, expertise and industry knowledge is second to none. He was been life-changing in carving out a positive and exciting financial plan for my husband and I in the short and long-term. We cannot rate him and his team highly enough!
Ruth, Sydney
We've been using Financial Spectrum for a few years after they were recommended by a friend in the finance industry. Brenton, Thomas, Alan and the rest of the team are very thorough, efficient, knowledgeable, ethical, genuine and lovely to deal with. All parts of our financial lives are sorted from...
Sarah and Chris, Sydney
I've talked to quite a few financial advisor's over the years, but Brenton and his team have given me the best advice, and their passion really shines through. The team's knowledge is second to none!
George, Sydney

Results

We were referred to a financial planner at Financial Spectrum by a friend of ours. We are so glad that we contacted them. We can honestly say that booking that first appointment was a turning point in our lives.
Patrick and Louise, Sydney
The team at Financial Spectrum are experts in a complex area: specialising in creating financial solutions for up and coming young executives. They recognise that this group have special needs, and their wealth creation strategies and tax solutions are tailored specifically to suit. They are about strategy, not just products....
Toby, Sydney
Brenton, Julie, Thomas and his team of experts have been my advisors for 3 years through both the growth of my business and how that relates to my personal financial position. I cannot recommend them enough. Brenton is a great listener and very creative thinker and has a way of...
Leigh, Sydney
The team at Financial Spectrum have been a huge help to my wife and I. Our planner has given really helpful advice including the development of a SMSF. We feel like he has taken considerable time to understand our unusual circumstances and has tailored to them. We feel understood, significantly...
Chris and Kerry, Sydney
I initially spent a lot of time trying to find the right financial adviser, as the industry is completely saturated and everything I've previously was told has a specific agenda behind to it, pushed a certain product that benefited the adviser or just didn't make sense.  I found dealing with...
Blake, Central Coast
Brenton is a smart, savvy and friendly advisor who has worked closely with me to understand my financial drivers and aspirations, and to create a whole new financial trajectory for my future during the past three years.
Alison, Sydney

Book your free strategy session

We’re so confident about creating value for you quickly, that we guarantee it with a 100% money-back guarantee.

Find out how with your free strategy session.

Frequently asked questions

If you choose not to take out life insurance, your other option is to self-insure. This is simply setting aside sufficient funds to cover your expenses are unable to work or pass away. As you’re building wealth, you typically don’t have the financial backing to take care of major unexpected events that stop you from working. This is where insurance comes in. But if you have sizeable assets already, self-insurance may be an option.

If something happens to you and you don’t have insurance or substantial funds set aside, you may be forced to take drastic action to keep things going. This might include changing where you live or finding other ways to dramatically cut your costs. If you’re a business owner, it could also mean the end of your business.

It’s possible to get life insurance if you have a pre-existing condition, but an exclusion may apply, or you will pay more. A financial adviser can source the right policy on your behalf and take you thought the different considerations of each option.

Pre existing conditions

Learn about our other services

Talk to us,
guaranteed value

We’re so confident about creating value for you quickly, that we guarantee it with a 100% money-back guarantee.

Book a complimentary financial strategy session.