Income protection insurance pays part of your lost income if you cannot work because of a disability caused by illness or injury. It can help pay the bills so you can focus on getting better. Income protection insurance can be necessary if you:
Are you self-employed or a small business owner? as you may not have sick or annual leave
Have family members or dependents that rely on the income you earn
Have debt, such as a mortgage, you’ll need to make payments on even if you’re unable to work
One of the key benefits of working with Xponential Advisory for your Personal Insurance needs is our firm’s commitment to education and transparency. Xponential Advisory believes that the more clients understand their personal insurance needs, the better equipped they will be to make informed decisions. To this end, the firm provides clients with clear and easy-to-understand information about the various areas of Risk Insurance and the benefits and drawbacks of different risk insurance strategies.
Xponential Advisories has strong relationships with leading Insurance providers, which allows the firm to offer a wide range of Insurance products and services at competitive prices. By working with various providers, Xponential Advisory can source the best insurance products for clients at the most affordable prices.
In conclusion, Xponential Advisory is a leading provider of Personal Insurance services in Australia, offering a wide range of services and providing you and your family with financial protection in the event of an unexpected death, illness, injury, or significant health catastrophe (such as disablement, a heart attack or cancer).
Speak with an advisor today to discuss our insurance services.
Xponential Advisory is a leading financial advisory firm in Australia, providing a wide range of insurance services to clients seeking to protect their families from unexpected death, illness, or injury. The key areas are Life Insurance, Total and Permanent Disability Insurance, Trauma Insurance, and Income Protection Insurance.
Life insurance benefits can help replace your income if you pass away. This means your beneficiaries could use the money to help cover essential expenses, such as paying a mortgage or college tuition for your children. It can also pay off debt, such as credit card bills or an outstanding car loan. It can also help pay for any funeral or other final expenses.
Total and Permanent Disability is a lump sum insurance benefit paid to you if you suffer an illness or injury that leaves you totally and permanently disabled. A permanent injury or illness can make it difficult or impossible to return to work. TPD insurance can provide a financial safety net to help support you and your family and pay for medical and rehabilitation costs.
Trauma insurance, also called ‘critical illness’ or ‘recovery insurance,’ pays a lump sum if you suffer a critical illness or severe injury. This includes cancer, a heart condition, significant head injury, or stroke. Trauma insurance can be used to help pay for:
Out-of-pocket medical costs
Living expenses for you and your family while you’re unable to work
The cost of therapy, nursing care, and special transport
Changes to housing if needed
Paying back your debt, for example, a mortgage