Having an insurance claim accepted for a client is one of the most satisfying parts of the job when you’re a financial advisor, particularly when it helps a grieving family. There are many ways financ …
Workers' Compensation and Income Protection
We represented David throughout the entire claims processes and ensured that his needs were met every step of the way.
Nail gun misfires – hits tradesman straight through the eye.
Some time ago, we gave advice to a client, David Marks*, about what type of insurance he needed in his business as a self-employed builder. David’s original plan was simply to take out Worker’s Compensation Insurance, but we advised him that he should also consider Income Protection Insurance. David took our advice and then got on with what he did best – building houses.
A few years later, we received a call from David’s wife Sarah. David was in hospital. He had been operating a nail gun on site and it had malfunctioned – the nail going straight through his left eye. David sustained permanent eye damage and was tragically unable to continue working in his chosen occupation.
As a result of our advice, Income Protection Insurance payments were made—and will continue to be made to David until he reaches the age of 65 years. We represented David throughout the entire claims processes and ensured that his needs were met every step of the way. Had David stuck with his original plan he would not have received these payments and would not have been able to continue to provide for his family financially.
* Client’s names have been changed to protect confidentiality.