LIFE & DISABILITY INSURANCE

Regardless of your personal situation or marital status, you should consider Personal Insurance as part of your overall financial strategy.

What would happen if you: -

• Died suddenly?
• Suffered a major medical trauma?
• Became disabled and could not work?

Personal Insurance provides the financial protection for your family should something happen to you. Your Bridgeport Financial Services adviser can assist in developing a plan specifically for your needs.

YOU'VE WORKED TOO HARD TO RISK LOSING IT ALL

Life and Disability insurance provides a simple, flexible and effective way of giving you and your family peace of mind. We can put together a Risk Protection Package that combines a variety of insurance options and additional benefits.

LIFE INSURANCE

If the worst should happen and a loved one dies, the last thing we want to worry about is money. But what if you have no choice?

What is at risk if you or your partner dies?

Let's face it, no one lives forever. And while money is far from our minds when we suddenly lose a loved one, have you considered how your family would cope financially if you were no longer there?

It's unfortunate but the bills don't stop, debts are not suddenly cleared and an income is often lost. What's worse is there may not even be money set aside to cater for a funeral. It's hard to imagine such a situation occurring, but it does – every day.

THE VALUE OF A NON-INCOME EARNING SPOUSE

All too often the value of the partner who chooses to stay at home and care for young children is underestimated. If all of a sudden they were not there, who would care for the children? The surviving partner may have to cease work, and face the financial implications.

Neither option may be viable unless you have life insurance to assist financially and give you the freedom of choice.

AFFORDABLE PEACE OF MIND

We can also provide a lump sum payment of the sum insured (up to $2 million) if you're diagnosed as terminally ill and have 12 months or less to live.

While the death of a loved one is never easy, you shouldn't also have to deal with the financial hardship their death could cause.

Unfortunately we never know what is around the corner. Don't leave your family's financial future to chance. Ensure you have adequate life insurance today.

TRAUMA INSURANCE

Life Insurance will provide for your loved ones should you die, but what would happen if you suffered a serious medical condition… and lived?

INSURANCE FOR LIVING

Millions of Australians sensibly insure themselves to provide for loved ones in the event of their death. However, with improvements in modern medicine many people now survive after suffering a serious medical condition. But the cost medically, emotionally and financially could take years to recover from.

In particular, the cost of rehabilitation and lifestyle adjustments can often be substantial after suffering a serious medical condition This places a great strain on finances, especially if you are unable to return to work.

COMPREHENSIVE PROTECTION FOR YOUR FAMILY

Bridgeport Financial Services can advise you on comprehensive Trauma insurance, paying a lump sum in the event of suffering a serious medical condition, which will assist with rehabilitation expenses, home help and child care, your mortgage and other debts.

Trauma Insurance can be taken out as stand alone plan or with built in life insurance. The choice is yours!

INCOME PROTECTION

Your most valuable asset is your ability to earn an income. How would you cope if all of sudden it wasn't there?

Don't risk what's important to you.

There are many things in life we take for granted – simply because they are always there. After our family, our ability to earn an income is probably the next most important factor in our lives. After all, it provides the basics like food and clothing, pays our mortgage, funds our retirement and generally maintains our lifestyle.

So how would you cope if all of a sudden, as a result of a sickness or injury, you were unable to work? How would you survive financially? And if it is a long-term sickness or injury such that you may be unable to work for a very long time – what would happen then?

It can happen to you!!!!

You may think it will never happen to you, but it happens to people just like you every day. In fact, studies show that one in every three males who have income protection insurance can expect to suffer a major accident or illness that will prevent them working for at least three months. For females, the statistics are one in two. (Source: Institute of Actuaries of Australia Morbidity Report, December 1997.)

A FINANCIAL LIFELINE

Unfortunately, your bills won't stop just because your income does, which is why it's essential that you protect your income against sickness and injury. In a sense it could be your financial lifeline, saving you from financial disaster at a time when you need it most.

Bridgeport Financial Services can arrange income protection cover for up to 75% of your gross income (net of business expenses but before tax) if you are unable to work due to sickness or injury.

Our plans are flexible, allowing you to choose the level of protection you require. From comprehensive to budget-priced plans, from cover 24 hours a day to cover 'out of working hours' only. The choice is yours.

SO DON'T LEAVE IT TO CHANCE

While we cannot prevent you from becoming sick or getting injured, we can give you peace of mind if, because of sickness or injury, you are unable to work. Let us help you keep your financial future on track.

If you're self employed or own a business, it's also worth considering Business Expenses Protection, which helps keep your business running when you can't work because of sickness or injury.

Back to Top