Risk Insurance
We are all subject to risks that are outside our control. These
risks include death and disability and can, if not guarded against,
cause a person’s dreams and goals to be at best, seriously
undermined, and at worst, completely undone.
Bailey Capital Management has over a combined 50 years plus
experience in working with clients to ensure they have the right
protection to protect their family, lifestyle, business assets and
wealth.
When calculating the cover required we will take into
account:
- Your assets that can be sold (including savings)
- Your existing superannuation account balances and insured
benefits
- Existing insurances (if any)
- Your outstanding debts
- Your family’s need for income
- Final expenses
- An emergency fund
Bailey Capital management has access to Australia’s leading
providers of risk insurance products which include:
- Income protection insurance – regular payment of up to 75% of
your regular income to cover the loss of a wage or salary.
- Term insurance – a lump sum payment payable on death or the
diagnosis of some terminal illnesses.
- Trauma – lump sum payment to cover certain serious illnesses
and injuries.
- TPD – (Total and Permanent Disability) – lump sum payment for
when an individual suffers a total and permanent disability.
Our expertise ensures we select the right cover and policy for
your needs. We also consider the tax and estate planning issues
associated with the ownership of the policies.
Bailey Capital Management also provides specialist small
business and partnership advice to assist with unforeseen events
such as the death or permanent disablement of a key employee or
active equity partner. These types of insurance are:
- Keyperson insurance – provides a lump sum to cover the loss of
a key employee through death or disablement.
- Buy/sell insurance – provides a lump sum to allow a deceased or
permanently disabled equity partner to exit the business and
receive a payment for their equity. This is attached to a buy/sell
agreement.
Our risk insurance solutions are regularly reviewed to ensure
they protect the key assets of our clients – their lifestyle,
income, business assets and financial security.
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