Life is inherently unpredictable. Whilst we can’t foresee the challenges ahead, we can limit ourselves against their financial impact. Personal insurance stands as a vital pillar of financial security, offering you and your loved ones the protection needed to navigate life’s unexpected turns with confidence and stability.
Personal Insurance Services
WHAT IS PERSONAL INSURANCE?
Personal insurance is more than just a safety net—it’s a proactive measure to protect your family’s financial well-being in the face of unforeseen events such as illness, injury, or loss of income. It provides the financial resilience required to maintain your quality of life and meet your obligations during challenging times.
At Private Capital Management, we understand that every individual and family has unique circumstances and aspirations. That’s why we specialise in crafting bespoke personal insurance solutions tailored to your specific needs and goals. With a comprehensive range of coverage options, we empower you to focus on living life fully, knowing your financial future is secure.
Generally, insurance obtained through a wealth management and financial planning firm like Private Capital Management has better benefits than policies you may find in super or obtain directly.
WHY PERSONAL INSURANCE MATTERS
Whether it’s ensuring uninterrupted income, covering medical expenses, or securing your family’s financial stability, personal insurance is an investment in peace of mind. Let our experienced team guide you in building a protection strategy that adapts to your evolving needs and gives you confidence in an ever-changing world.
Types Of Personal Insurance We Arrange
LIFE INSURANCE
- Financial support for your loved ones if the unexpected happens.
- Helps cover debts and ongoing living costs.
- We may be able to fund in your super fund.
INCOME PROTECTION
- Ensures a steady income if you’re unable to work due to illness or injury.
- Covers up to 70% of your regular income.
- We may be able to fund a portion in your super fund.
TOTAL AND
PERMANENT DISABILITY (TPD) INSURANCE
- Financial support if you’re permanently unable to work due to an injury or illness.
- Covers rehabilitation, medical bills, and daily living expenses.
- We may be able to fund in your super fund.
TRAUMA
(CRITICAL ILLNESS) INSURANCE
- Provides a lump-sum payment upon diagnosis of a serious illness such as cancer, heart attack, or stroke.
- Helps manage medical expenses and lifestyle adjustments.
BUSINESS EXPENSE INSURANCE
- Protects your business by covering fixed expenses if you can’t work.
- Ideal for small business owners and entrepreneurs.
Frequently Asked Questions
Income Protection Insurance
Life is unpredictable, and safeguarding your income is a crucial element of a well-rounded financial strategy. With our personalised income protection insurance solutions, you can navigate uncertainties with confidence.
Income protection insurance serves as a financial safety net, replacing a portion of your income if you are unable to work due to illness or injury. It ensures that you can meet financial obligations and maintain your lifestyle during challenging times. At Private Capital Management, we design sophisticated policies to align seamlessly with your financial goals and life circumstances.
Key Features of Income Protection Insurance
- Sustain Financial Stability: Receive up to 70% of your regular income, providing continuity in your financial commitments.
- Customised Coverage: Tailored policies based on your profession, income level, and unique requirements.
- Holistic Protection: Comprehensive plans that address both short-term needs and long-term financial goals.
- Flexible Benefit Periods: Choose from a range of benefit periods and waiting times to suit your specific preferences.
Trauma (Critical Illness) Insurance
Trauma insurance, also known as critical illness insurance, provides a lump-sum payment upon diagnosis of a specified serious medical condition such as cancer, heart attack, or stroke. This financial support helps you manage the costs associated with recovery, including medical treatments, rehabilitation, household expenses, and lifestyle adjustments, ensuring financial stability and peace of mind during a challenging time.
Key Features of Trauma Insurance
- Lump-Sum Payment: Receive a one-off payment to use as needed, whether for medical expenses, mortgage repayments, or everyday living costs.
- Comprehensive Coverage: Covers a wide range of serious illnesses and medical conditions.
- Flexibility and Freedom: Use the payment in any way that supports your recovery and well-being.
- Peace of Mind: Focus on your recovery without the added stress of financial pressures.
Life Insurance
Life (death benefit) insurance is a lump-sum payment made to your nominated beneficiaries when you pass away. This financial support ensures your loved ones are protected from the immediate financial burden of losing a family member and can maintain their quality of life during a difficult time.
Key Features of Death Benefit Life Insurance
- Financial Security for Loved Ones: Provides a lump-sum payment to help your family cover expenses such as funeral costs, outstanding debts, or ongoing living costs.
- Customizable Coverage: Tailor the policy to align with your family’s unique financial needs and goals.
- Immediate Assistance: Offers swift financial support during an emotionally challenging period.
- Peace of Mind: Ensures your family is protected, even if the unexpected happens.
Total Permanent Disability Insurance
TPD insurance offers a lump-sum payment if you become totally and permanently disabled, making it impossible to continue working. This financial support helps you and your family adapt to your new circumstances, covering medical expenses, rehabilitation, and ongoing living costs.
Key Features of TPD Insurance
- Lump-Sum Payment: Receive a one-time payment to use as needed, from medical treatments to home modifications or debt repayment.
- Customisable Coverage: Tailor your policy to align with your lifestyle, occupation, and financial goals.
- Comprehensive Support: Protects against the financial strain of unexpected, life-altering events.
- Peace of Mind: Focus on adjusting to new challenges without the added worry of financial burdens.
Business Expense Insurance
Business Expense Insurance provides a monthly reimbursement to cover fixed operating costs if you’re unable to work due to a medical condition. It’s designed for business owners and entrepreneurs, helping maintain the financial stability of your enterprise during unexpected disruptions. This coverage ensures essential expenses like rent, utilities, and staff wages are met, allowing your business to continue operating smoothly while you focus on recovery.
Key Features of Business Expense Insurance
- Coverage for Fixed Costs: Includes rent, utilities, employee salaries, equipment leases, and other essential operating expenses.
- Short-Term Support: Helps cover expenses during the critical period while you recover.
- Flexible Policy Options: Tailored to suit the unique needs and size of your business.
- Financial Continuity: Protects your business’s viability, ensuring its long-term success.
