Organic Wealth

My WordPress Blog

Call Today 08 8567 3663

Email: admin@organicwealth.com.au
  • Home
  • Who We Are
    • Leticia Leggett
  • Work With You
    • Investment
    • Superannuation
    • Personal Insurance
    • Retirement
  • Testimonials
  • FAQ’s
  • Contact Us

Personal Insurance

If you are looking for personal insurance then our financial advice team can help you make the right choice. We look after clients all over the Barossa Valley region.

People readily insure assets such as their house and car in case of a loss, but they often overlook the need to insure their most valuable asset ­ themselves.

It’s something that many of us don’t wish to think about ­ but what would happen if your income stopped suddenly because you were no longer able to work?

Could you, or your partner, continue to meet your mortgage repayments? How would you cover ongoing bills or your children’s school fees?

If you don’t have a plan that can cover your costs if your health fails, it’s worth preparing one.

What is personal insurance?

There are four types of personal insurance cover to consider:

  • Life insurance (or death cover) – Pays a lump sum to your beneficiaries in the event of your death – important to consider if you have dependants
  • Total and permanent disablement (TPD) cover – Pays a lump sum if you’re no longer able to work due to total and permanent disablement – important to consider if you have any large ongoing debts, such as a mortgage, and family to support
  • Trauma insurance – Pays a lump sum if you’re afflicted with a specific illness such as heart attack, stroke or cancer – provides peace of mind for you and your dependants
  • Income protection insurance – Provides a monthly income when you¹re unable to work because of injury or illness – important to consider if you’re the main financial provider in your household.

How much cover is enough?

The amount of cover you need really depends on your circumstances and how much risk you’re prepared to live with.

Typically, the average level of life insurance cover recommended is at least 15x times an individual’s salary. For someone with an average salary of $60,000, the recommended level of life cover would be at least $900,000.

Worried about whether you have enough cover?

We can help with an assessment of your personal needs that’s free of charge and obligation.

Connect with Organic Wealth

  • Email
  • Facebook

Get Updates

Subscribe today to stay up to date with information on growing your wealth.

Barossa Valley Financial Planning

For all your financial advice needs including superannuation, personal insurance and retirement. Servicing clients throughout the Barossa Valley region.

Our financial adviser has over 13 years of experience. You’ll love what we can do for your finances!

Our personal approach sets us apart – we’re known for our no nonsense, straight forward, easy to understand advice.

Member of

What our clients say

1
    

“Leticia is always available and I know that I am in good hands”

Free Consult

Get your FREE first financial Planning meeting today.

BOOK NOW.

Contact Us

PHONE:
08 8567 3663
FAX:
08 8121 7631

EMAIL:
admin@organicwealth.com.au
OFFICE:
26 Greenock Road, Nuriootpa SA 5355
POSTAL:
PO Box 591, Greenock SA 5360

  • Email
  • Facebook

RL Financial Services Pty Ltd T/A Organic Wealth ABN 93 164 837 683 is a
Corporate Authorised Representative no. 443392 of Alliance Wealth AFSL 449221 ABN 93 161 647 007

Copyright 2019 Organic Wealth · Financial Services Guide · Advisor Profile · Privacy Policy · Disclaimer