Insurance
Life can be unpredictable, and unexpected events like accidents, illnesses, or the loss of a loved one can dramatically impact your family’s finances. Unfortunately, research shows that over 95% of families don’t have enough insurance to handle such emergencies.
Having the right insurance in place can protect your family and income if the unexpected happens. At Radiance Wealth, we strive to create wealth protection plans for families to help secure your assets and give you peace of mind.
Types of Insurance Cover
We offer various types of insurance under the life insurance umbrella to suit your needs:
Life Cover: Also known as term life or death cover, this pays a lump sum to your chosen beneficiaries if you pass away.
Total and Permanent Disability (TPD) Cover: Provides financial support for rehabilitation, paying off debts, and living costs if you are permanently unable to work. This is often combined with life cover.
Trauma (Critical Illness) Cover: Offers financial protection if you’re diagnosed with a critical illness like cancer or suffer a major injury such as a stroke. Also called critical illness or recovery insurance.
- Income Protection: Replaces a portion of your income if you can’t work due to illness or injury.
Aren’t I Already Covered by Work or the Government?
You might have some support through Workcover, sick leave, or government programs Centrelink. However, these may not be enough, may have long waiting periods, or may not apply to your specific circumstances. It’s essential to evaluate your coverage and fill any gaps.
How We Can Help
Radiance Wealth works with a wide range of insurers to tailor a wealth protection plan that fits your individual situation. We’ll simplify the process, ensuring you have the right coverage to protect you and your family with a financial safety net for life’s uncertainties.