Life Insurance Brokers
Home » Services » Life Insurance
Insure All Your Assets With K Partners Accountants & Financial Advisers
Life Insurance is essential for ensuring financial protection and stability. Setting up a life insurance plan can provide your family with a debt-free home and an income stream to meet living expenses if the unexpected happens.
Speaking with a K Partners life insurance broker will provide you with information about how much life insurance you require, how to own the your policy (personal or superannuation) and how to fund your policy.
K Partners’ life insurance brokers have extensive experience and technical expertise in this field, and have helped many clients protect their financial future.
Take control of your financial future and partner with a life insurance broker.
K Partners Accountants & Financial Partners are dedicated to providing insurance personal insurance to individuals and families.
We provide advice for a wide range of insurance products including income protection, life insurance, total and permanent disability, and trauma.
How much Life Insurance do you need?
Why Choose Life Insurance From K Partners Accountants & Financial Advisers?
K Partners works with a wide number of professions and financial portfolios to help clients select the best life insurance policy for their situation. We have a long history of assisting clients ranging from engineers and electricians to lawyers and medical practitioners in securing their financial security and peace of mind.
With over twenty years of experience, K Partners life insurance advisers guide clients to select the most adequate benefit amount based on their financial position protection. We also review the level of coverage on an ongoing basis to ensure it can cover outstanding debts or provide an income stream for your family after your passing.
K Partners life insurance consultants will review:
What is the right amount of coverage
The higher the benefit amount you are insured for, the higher the cost. We aim to conduct a detailed analysis to understand the amount of cover you need to protect your family.
What is the best contract
Each insurer offers different contract terms as far as the definitions of how you qualify for a benefit payment. We have access to research that will ensure that you select the most appropriate contract for your profession.
What is the most cost-effective insurance contract
We have access to all Australian retail insurers, and compare the cost to ensure that we select the most suitable contract at the lowest price.
What if I want to make changes later
As circumstances change with debt repayment and your financial dependents’ situations change (for example, children getting older), it is essential to review the terms of your contract and the amount of selected coverage. K Partners offers a regular review of your policy, with an annual scheduled check-in to verify if plans need to be adjusted.
What Is The K Partners Approach To Life insurance?
For full transparency, here’s what you can expect at your initial consultation meeting and what the process looks like moving forward.
1. Initial Meeting
This meeting will be to determine if you are eligible for and require life insurance cover. As we move forward, we’ll explain how a life insurance policy works and the benefits it provides. When you leave this meeting, you will have all the information to decide if you wish to engage with us.
2. Fact-finding meeting
This is an opportunity to understand your current financial position, including your income, your expenses, your financial position, and your debts.
Our team will research available options after you agree to work with K Partners. We use our expertise, experience, research and cutting-edge software to develop your insurance plan.
4. Advice Presentation
During this presentation we review research results and potential strategies and present our insurance advice to you. This meeting will answer any outstanding questions you may have.
5. Insurance Implementation
Once you are comfortable and understand every aspect of the advice, you can ask as to start the implementation process. This involves submitting your application to the insurer and managing it to its completion.
6. Ongoing Review and Support
We understand that circumstances change, and as part of our ongoing services we review your insurance plan on regular basis to ensure it is suitable. In the event of a potential claim we are your main point of contact and ensure that your claim is processed in the most efficient manner.
General information regarding Life Insurance
- Life insurance benefit is paid to the beneficiary when you have passed away
- Life insurance is generally the cheapest insurances compared to Total and Permanent Disability, Income Protection or Trauma.
- Life insurance can be funded personally or through your superannuation fund / SMSF. There are different tax treatments in the event of a claim based on who your beneficiary is.
- Life insurance costs are generally determined by your age, your lifestyle, your health and required cover amount.
All above information is not based on your personal goal, objectives or circumstances. The information is only provided as an indicative tool and have pre-set general parameters that may not be suitable for you. You should seek personal financial advice before acquiring any insurance products to ensure it is appropriate for your needs. The K Partners financial planning team provides personalised insurance advice.
Contact us to arrange an insurance broking consultation
- A common misconception about insurance is that you only have to take out a policy once and forget about it. And while that certainly is an […]
- While several variables help determine the cost of your life insurance policy, perhaps none has a bigger effect than age. This post examines the factors that […]