Wealth Protection

Whether you are an individual, family or a business owner, we work with our clients to ensure suitable wealth protection strategies are in place should something not go as planned.

In doing so, our clients can enjoy life and focus on whats important right now; safe in the knowledge that family, loved ones and business partners are taken care of in times of financial hardship.

We are financial life savers and we are there for you when you need us most.

Approach

We have over 50 years of experience helping protect people from financial hardship.

We gain a deep understanding our client’s situation and identify what’s important to them. We analyse the financial risks they or their businesses face and the lifestyle implications if something goes wrong.

You receive a documented clear analysis of these risks and specific recommendations on how to mitigate them.

The aim is to ensure you, your family and your business is protected should the unthinkable happen and to ensure the right amount of money is in the right hands at the right time.

Key advice Areas

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Claims Management

Park Lane offers a unique and personalised claims management guarantee to you and your family should you need to activate your plans. This is the most important part of the process and we will be there for you through the whole journey to ensure your wealth protection plans are carried out efficiently whilst removing as much stress from you or your family. We understand the information your provider will require, and the intricacies of the claims process. We take away the burden by completing your claim forms, lodging them, following up and where necessary we will be on your side to negotiate with the provider to get you the best outcome.

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Cashflow Protection

Providing a replacement income and lump sum capital if you become sick or injured and are unable to work temporarily or permanently. Using Income Protection Insurance and Total & Permanent Disability Insurance, you can ensure you and your family’s financial position and lifestyle is maintained, even if you can’t earn an income.

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Life & Family Protection

Ensure your family’s home and lifestyle is maintained in the event you pass away unexpectedly. Using Life Insurance a lump sum of money is paid to your beneficiary and can be used for any purpose they require.

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Major Illness Protection

Cover for serious illnesses, heart attacks, strokes, out-of-pocket medical expenses, non-PBS medications and more. Trauma Insurance ensures you have the money to receive the best medical treatment and care without compromise.

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Business and Partnership Financial Risk Protection:

Our advice protects business owners and their families against financial hardship from the death or disability of business partners or key team members.

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Business Overheads Protection

Provides monthly replacement benefit for fixed business expenses if the business owner suffers an illness or injury and is unable to work. This means your businesses bills can continue to be paid and the business can stay afloat, without you having to dip into savings or increase debt while you are recovering.

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Director Buy-Sell Protection

Provides protection in the event of a business co-owner’s involuntary exit due to death or disability. When protected, their share of the business can pass to you and the insurance will pay them or their beneficiaries out at the market value of their shareholding. This avoids the undesirable outcome of operating your business with an unqualified or unwanted inherited business partner

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Key Person Protection

Provides capital if a key business member or employee exits the business due to death or disability. These payments can then be used to help compensate the company for lost income, loss of opportunity to expand, loss of specialised skills, or losses resulting from the delay or cancellation of any work that the key person was involved in.

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Design your future lifestyle.
Contact us for a free consultation.