Frequently Asked Questions
- How do I protect my family financially?
- Why do I need insurance?
- How much insurance cover do I need?
- Are my insurance premiums tax deductible?
- How do I protect my assets?
- How can I manage the cost of insurance?
Your biggest asset is YOU and your ability to earn income.
Illness, injury and death would have a huge impact on your family and your finances so what would your family do if something happened to you?
Insurance is an important aspect of a solid wealth creation strategy. It is imperative to identify the areas where risk protection is needed and the appropriate insurance for individual circumstances.
“The most important investment you can make is in yourself.”
When Susan arrived in Australia, she was excited about working in the health industry. At the end of her first financial year, an accountant at SVA helped her prepare her tax return.
While there, her accountant explained how one of our WPA financial planners could help her achieve financial security so she decided to explore her options.
Susan didn’t have income protection. As her financial consultants, we organised that first. “This gave me peace of mind that if I couldn’t work, I could still cover my expenses,” Susan says.
Then we looked at other risk insurances, like life insurance to cover Susan’s debts.
A year later, when she had a small amount of money to invest, we helped Susan with her first shares and securities investments.
Susan returned recently with more money. “I discussed options with my investment adviser and the plans are being put in place,” she says. “The advice I’ve received from WPA gives me confidence that my money is safe and working for me.”