Where to get advice on Life insurance?

Discussion in 'Superannuation, SMSF & Personal Insurance' started by property_noob, 18th Dec, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. property_noob

    property_noob Well-Known Member

    Joined:
    25th Jul, 2019
    Posts:
    65
    Location:
    Sydney
    Me and my wife are thinking of taking up life/income/tpd insurance outside of super and also change our super providers.

    I understand I need to talk to a financial advisor/planner regarding this.

    How do I find a good financial advisor/planner? Is there anyone recommenced in pc?

    Thanks.
     
    property_noob, 18th Dec, 2019
    #1
  2. Paul@PAS

    [email protected] Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    18,445
    Location:
    Sydney
    Why not a strategy that considers in and out of super ? It varies with a range of factors including accrued sick leave and long service leave (since these can suffice until the waiting period runs down). Our financial advisers have taught me that this is a complex area where experience matters.

    Stay clear of anyone who works for or is a tied agent for a insurer or a product seller such as a bank.

    Our financial advisers offer a obligation free initial consult.
     
    [email protected], 18th Dec, 2019
    #2
    Never giveup likes this.
  3. FrivolousPanda

    FrivolousPanda Well-Known Member

    Joined:
    21st Sep, 2016
    Posts:
    217
    Location:
    Sydney
    Suggest searching the Financial Planner thread for FP recommendations. I remember Terry suggesting the person below in this thread [LINK]. Note I haven't used Kyle or have had any dealings with him.

    "Try an independant financial planner - such as Kyle at
    Millennial Independent Advice"
     
    FrivolousPanda, 18th Dec, 2019
    #3
    Terry_w likes this.
  4. wylie

    wylie Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    12,465
    Location:
    Brisbane
    We've had Jason looking after our life, income replacement, disability insurances for quite a few years. He's quick to respond to emails and texts and has saved our bacon more than once. Lovely guy. Highly recommended.

    Linked Financial Services Pty Ltd (ABN 27 164 559 951)

    are Corporate Authorised Representatives of Boston Reed Pty Ltd AFSL 225738

    (Corporate AR 442586, Individual AR 406967)

    Office Address - 34/42 ‘Pegasus Centre’ Bundall Rd, Bundall, QLD, 4217

    Postal Address - PO Box 5427, Gold Coast MC, Bundall, QLD, 9726

    M 0432 918 214

    [email protected]
     
    wylie, 18th Dec, 2019
    #4
    Never giveup likes this.
  5. property_noob

    property_noob Well-Known Member

    Joined:
    25th Jul, 2019
    Posts:
    65
    Location:
    Sydney
    Thanks for replies and recommendations.
     
    property_noob, 19th Dec, 2019
    #5
  6. Never giveup

    Never giveup Well-Known Member

    Joined:
    13th Oct, 2018
    Posts:
    1,386
    Location:
    Sydney
    Never giveup, 21st May, 2020
    #6
  7. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    8,282
    Location:
    Gold Coast
    this is a tricky area and not like buying a fridge

    Many peops have " a good deal" and when time comes to claim, they find out they are NOT insured,.

    a fully underwitten and researched policy is the best way to go IF one wants proper risk cover.

    ta

    rolf
     
    Rolf Latham, 22nd May, 2020
    #7
    Never giveup and Jess Peletier like this.