Personal Insurance

Whether it's safeguarding your family’s future or ensuring financial stability in the face of uncertainty, personal insurance is a crucial component of sound financial planning. Our advisory services focus on life insurance, income protection, critical illness cover, and total and permanent disability (TPD) insurance, helping you to decide levels of cover and prepare for worst-case scenarios.

Personal insurance is not just about providing peace of mind but ensuring financial safeguards are in place for you and your loved ones. Life insurance typically provides a lump-sum payment to beneficiaries if a policyholder dies, which can be vital if you have a mortgage or significant debts. This payment supports your family in maintaining their lifestyle, covering living expenses, or paying off debts. The duration of a life insurance policy can be flexible, allowing you to choose coverage based on your specific needs, whether it’s until your children become independent or your mortgage is paid off. We can assist in designing insurance cover that aligns seamlessly with your personal circumstances and financial goals.

Income protection is another critical component of personal insurance. It's designed to provide ongoing payments that cover a portion of your lost income if you are unable to work due to illness or injury. This ensures that essential expenses such as utilities, food, and mortgage payments can still be met. At Olleh Wealth, we work with you to assess your current financial situation, helping you select coverage levels and benefit periods that best match your lifestyle and commitments. Properly structured income protection can also offer significant tax benefits, providing an added layer of financial flexibility when you need it most.

Total and Permanent Disability (TPD) insurance offers a critical financial shield in case of severe and life-altering situations. TPD delivers a lump-sum payment if the policyholder becomes totally and permanently disabled due to an accident or illness and is no longer able to work. This cover is vital in allowing you to adapt to new circumstances, whether it involves paying for medical care, modifying your home, or replacing lost income. In tandem with critical illness cover, TPD insurance ensures a robust financial safety net is in place for unforeseen life challenges. Choosing a nominated beneficiary allows you to decide who receives assistance swiftly, further reducing stress during difficult times.

At Olleh Wealth, we understand the intricacies of crafting a personal insurance plan that caters to individual needs and circumstances, providing a tailored approach that matches your life goals and financial commitments. We are committed to walking you through the options available and providing expert advice to help you make informed decisions.

Personal insurance is a key pillar of financial security. By collaborating with Olleh Wealth, you can confidently design a strategy that ensures your loved ones are taken care of, even in uncertain times. Whether you need guidance on life insurance or wish to explore how income protection and TPD cover can fit into your financial plan, we are here to assist you every step of the way. Reach out to our team today and take a proactive step towards securing a stable financial future.