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Risk Insurance

Consider what would happen if you were forced to leave work for an extended period or worse still, could never work again. Would you and your family be able to cope financially?  It happens all too often, but the general attitude is that "it won't happen to me."

Take 51 year old Liza, for example.  She started a new job and had hardly ever been sick. When Liza was diagnosed with a malignant tumour and underwent major surgery her world was turned upside down. She was not eligible for Total and Permanent Disability because she is likely to recover over time.  Fortunately, Liza was eligible to claim on the income protection through her super but she had to wait 90 days for the first payment and it will only pay for a total of 2 years. Liza was forced to use her savings and sell some assets to pay for her medical and living expenses in the interim period.

Today Liza is struggling to cope mentally and physically and is very worried about her future income when her current insurance ceases. She is desperately looking for work but has not been successful in finding any.

Imagine if Liza had a steep mortgage or a family to support?

We take measured risks everyday but it is the unexpected that is likely to have the most devastating affect on you and your family. You can minimise this risk by holding appropriate life insurance.

Do you know how much insurance you have and whether it is appropriate to protect yourself and your family in the event of a devastating unforeseen circumstance?

Belmores offers the following categories of life insurance:

  • Death
  • Total and Permanent Disablement
  • Trauma
  • Income Protection

You work hard to build up assets over time such as owning your own home, maintaining a portfolio of investments and contributing to superannuation for retirement.

An unexpected accident or illness can have a devastating impact.  It can not only reduce or cease your income entirely, it could also cost you money which may require you to sell assets in a hurry.

Insurance offers a way of protecting yourself should this happen.  Death, Total & Permanent Disability and Trauma insurance pay a lump sum in the event of death, a major accident that causes permanent disability or a specified medical condition.  The lump sum can be used to fund any short term income loss or expenses.

Income protection insurance pays a regular monthly income in the event a person is off work for more than a set period of time due to accident or illness, but is limited to 75% of the actual wage. The payment can continue to age 65 and is taxable.

Many people do not have sufficient insurance to protect their family and assets if something were to go wrong, do you?

Interested to learn how we can help you protect yourself from unforeseen circumstances? 

Get In Contact

We look forward to seeing you, please visit us anytime. Find the closest office to you.

Yarrawonga Office
Yarrawonga Wealth Management
Numurkah Office
Myrtleford Office
Bright Office

Yarrawonga Office

50 Belmore St Yarrawonga
PO Box 200 Yarrawonga
VIC 3730

Phone: 03 5744 1221
Fax: 03 5744 2553
Email: belmore@belmores.com.au
Request an appointment

Yarrawonga Wealth Management

70 Belmore St Yarrawonga
PO Box 49 Yarrawonga VIC 3730

Phone: 03 5744 1221
Fax: 03 5744 2553
Email: BWM@belmores.com.au  
Request an appointment

Numurkah Office

134 Melville Street, Numurkah VIC 3636

Phone: 03 5862 1411
Fax: 03 5862 2075
Email: belmoresnumurkah@belmores.com.au  
Request an appointment

Myrtleford Office

1-7 Albert St, Myrtleford VIC 3737
Australia
PO Box 246

Tel 03 5752 2288
Fax 03 5752 2660
Email: belmoresmfdbright@belmores.com.au  
Request an appointment

Bright Office

3 Ireland St, Bright VIC 3741, Australia
PO Box 71
(The old post office building)

Tel 03 5755 1327
Fax 03 5755 1875
Email: belmoresmfdbright@belmores.com.au  
Request an appointment