Life Insurance

as Part of Your Financial Plan

Life Insurance

Incorporating life insurance into your financial plan removes the worry about how to support yourself and your family, should something unfortunate occur.

Illness, accident, injury or a fatality — any of these life-changing events could mean reduced or no income at all. Hence, having a strategy in place will offer peace of mind if the worst should happen.

Our financial advisors at ATB Wealth Strategies have years of experience to steer you in the right direction. By getting to know you, we can determine your life insurance requirements. We’ll find a solution that best fits your needs — and incorporate it into your personal wealth creation plan.

When it comes to life insurance policies, we aren’t tied to any single product, so have the pick of the market to choose from. Our focus is entirely on the level of protection you need. Irrespective of life’s challenges, we have your back and ensure both you and your family’s lifestyle needs will be met.

Contact ATB Wealth Strategies and get covered with a life insurance policy that suits you.

What is Life Insurance?

Life insurance is one of the most popular protection insurances in Australia — you may also hear it called term life insurance, life cover or death cover. It is a protection plan that you pay into which provides your family with a lump sum payment in the event of your death — or to you if you become terminally ill. 

You can pay these policies in three different ways: 

  • Decreasing Life Insurance: This type of policy has constant payments that remain the same. However, the death benefit reduces the older you become. 
  • Stepped Life Insurance: With this policy, your premiums increase as you age.
  • Level Life Insurance: The payments on this policy tend to be higher at the beginning, yet increases in premiums are not based on your age — gradual increments in costs are more likely. 

At ATB Wealth Strategies, we understand that choosing the right level of cover from the right policy for you is important. Our friendly, expert team can assist in deciding which life insurance policy will cover your needs and expectations — and then find the most suitable one at the best price.

Call ATB for your life insurance, Sydney and get covered today.

Do I Need Life Insurance?

It’s human nature to believe that we are infallible and nothing will happen to us, but no one knows what’s around the corner. Life insurance plans ensure that a lump sum will be paid to your loved ones if you become terminally ill, or you die.

It offers peace of mind that your family will be supported and not burdened financially when you are not here. Some of the considerations that life insurance can contribute toward include:

Best Australian Life Insurance
  • Large debts like your mortgage on your home, or personal loans and credit cards.
  • Day-to-day living expenses and regular outgoings.
  • Funding of education for your children in the future.

ATB Wealth strategies can help you calculate what your family would need to lead a comfortable lifestyle after you are gone — taking away the stress of who would pay the bills and support them.

Life Insurance, Sydney, from ATB Wealth Strategies, Parramatta

Sometimes life insurance can also include financial protection for terminal illness. It essentially pays a lump sum to either you or the people you name as beneficiaries.

At ATB Wealth Strategies, we will help you understand exactly what is covered in the policy so you know where the money will go, and when it will be paid out. If you have a life partner or dependents, we can advise you of the type of cover you require and recommend the best policy for you.

If you don’t have anyone depending on you financially, life insurance might not be for you — but we can also help with income protection insurance, total or permanent disability insurance and trauma insurance. So in the event you become sick or injured and can no longer work, you have an income to cover your living and medical expenses.

Our life insurance plans are thoroughly checked by one of our expert financial advisors and calculated to ensure you have the right amount of cover. We consider any savings, your super, investments, and paid leave balance — then offset them against expenditures such as mortgage, debts, credit cards, school fees etc. to work out the correct value of protection.

Life Insurance Near Me

It could be you already have life insurance within your super, so we can consider increasing the level if it’s not enough. We look at your finances as a whole package to incorporate the insurance you need into your wealth plan.

Our experts will do all the groundwork for you to find life insurance with the benefits and policy features best suited to you.

Don’t put it off till tomorrow — you never know what can happen, speak to one of our financial experts today.