While you can’t prepare for every setback in life, there are steps you can take to ensure that both you and your family are financially protected in a crisis. Insurance planning is one of the most effective ways to cover your family against the financial ill effects of everything from unemployment to bereavement. From income protection to life insurance, the specialists at Guardian Group Financial Planning can help you find the right insurance options for your family’s particular needs.

Why you need insurance
When you’re paying for insurance cover which you don’t use, it can  feel like an unnecessary expense. However, the reality is that taking out insurance cover is one of the most financially rewarding decisions you can make.
The more assets you have, the more you have to lose. And, the larger your family, the more devastating the consequences will be, should you fall out of work or pass away.

Why insurance planning matters
We know that choosing the right insurance policies for you and your family can be overwhelming. With so many options out there, it’s tricky choosing the most cost-effective and valuable policies. The financial advisers here at Guardian Group Financial Planning will work with you to ascertain:
• Your main goals;
• How best to protect your assets and create wealth;
• Long-term possibilities; and
• How we can design the most comprehensive insurance portfolio for you.
Confused about where to begin? We understand. Here are some of the most common insurance options we secure for our clients.

Life Cover
If an insured person dies or is likely to die from a terminal illness within 12 months, insurance helps cover outstanding family debts and long-term financial needs, such as maintaining children.
Life insurance also provides:
• Funeral expenses;
• Investment funds for your family; and
• Protection against the sale of assets, such as the family home, to release money to pay for debts and expenses.
With life cover, you can have peace of mind knowing your family will be financially sound if the worst happens.
Our advisers can discuss all the payment options and policy choices with you.

Trauma Cover
Similarly to life cover, trauma cover, or critical illness insurance, pays out upon the insured person’s diagnosis of series and life-threatening diseases and disorders. Covered illnesses include cancer–one of Australia’s leading causes of death.
This type of insurance helps you:
• Settle or lower outstanding debts;
• Secure the best treatment and rehabilitation;
• Get help with everything from domestic duties to personal care; and
• Provide for your family while you’re not earning.
Also available is TPD, or total and permanent disability insurance.
To go over the policies and payment options available, please contact a member of the team.
Income Protection
When you’re suffering from a debilitating illness, the last thing you want to worry about is income. Income protection insurance pays up