Concerned about leaving your partner with liabilities or expenses when you pass away? We can help you provide a lump sum payment to your loved ones upon your passing
Private Capital Management
Life insurance pays an agreed lump sum benefit upon death of the life insured, with the lump sum calculated during the financial planning process and is confirmed at the time of underwriting.
The proceeds from life insurance can be used to replace lost income, paying beneficiaries of an estate, to pay down debt or even leave to a charitable organisation. Furthermore, life insurance can also be structured to pay business expenses.
Life insurance is generally available from ages 15 to 75 subject to underwriting – with insurance obtained through financial planning having an expiry date much higher than group insurance found in super or obtained directly.
It is important to note that some hazardous occupations may be excluded from life insurance, and Private Capital Management can help you understand what occupations are covered.
Partnering with Private Capital Management, we will ascertain your optimal level of cover using a tool called a Needs Analysis.
Your Needs Analysis will consider your assets, liabilities and expenses (and even funeral costs if required). We will then match your requirements to the appropriate level of cover with leading insurance providers which are well known for paying claims when needed.
THE BENEFITS OF OBTAINING LIFE INSURANCE THROUGH PRIVATE CAPITAL MANAGEMENT
The Payment of a Death Benefit to Support Your Loved Ones
Life insurance provides a lump sum benefit should you pass away to support lost income, paying beneficiaries of an estate, to pay down debt or even leave to a charitable organisation
THE ABILITY TO OBTAIN A LUMP SUM BENEFIT IN THE EVENT OF A TERMINAL ILLNESS TO MAKE LIFE COMFORTABLE
Life insurance provides a lump sum benefit if you are diagnosed with a terminal illness so these funds can be used to make life more comfortable
THE PAYMENT OF A FINANCIAL PLANNING BENEFIT TO COVER CLAIM COSTS
Life insurance provides a benefit to cover the cost of financial advice to assist with the managing or investing your claim, meaning that when you use Private Capital Management to implement your insurance, we manage the claims process from start-to-finish
THE ABILITY OF FREEZE YOUR PREMIUMS TO REDUCE YOUR COSTS
Using our panel of leading insurance companies, your life insurance will have the ability to keep premiums fixed each year by reducing the sum insured
COMPLIMENTARY FAMILY FINAL EXPENSES
Our panel of leading insurance providers allow for a lump sum benefit should dependent children be diagnosed with a terminal illness or pass away – providing even greater support for your family
WHAT TO INCREASE YOUR COVER? GUARANTEED FUTURE INSUREABILITY
As life changes, you will want to increase your life insurance cover. If certain life events occur, you will have the ability to increase the amount of cover without the need to provide any further health evidence. This is one distinct advantage obtaining insurance through a financial planner
The Ability to Pay Final Expenses
Life insurance has the ability to cover any financial expense of a set limit if you pass away