A financial plan that protects you

How would your family cope financially if you became seriously ill or injured, or worse?

No matter what stage of life you’re at, a financial planner can help you prepare for the unexpected, so you can protect what matters most: your family, your lifestyle, your income and even your own business. They’ll make sure you have the right insurance cover to suit your changing needs and budget, and they’ll support you if you ever have to make a claim. 

How a financial plan can help protect what's important to you

Youngbusinesswoman

In your 20s

Make sure your finances don’t take a hit if you’re off work for an extended period.

A financial planner can help you choose the right type of cover to suit your lifestyle and budget. 

Daughter and parent

In your 30s & 40s

Create a safety net so your loved ones will be protected – no matter what happens.

A financial planner can make sure you have the right level of cover, and will update your cover as your family’s needs change.

Man with laptop and mobile

Running a business

Keep your business running smoothly if you’re faced with a financial setback.

A financial planner can help you find specialised cover to protect your business against specific risks.

Family having lunch outdoors

In your 50s & 60s

Protect your retirement income and make sure your cover matches your current circumstances.

As you get closer to retirement, a financial planner can adjust your insurance to make sure you’re only paying for what you need.

Types of insurance

Life insurance

Provides a lump sum benefit to your beneficiaries after you pass away. The cost of your premiums will be based on the value of the benefit you choose. 

TPD cover

Pays a lump sum if you become totally and permanently disabled. This will help you keep up with your living and rehabilitation expenses if you can no longer work.

Income protection

Pays up to 75% of your weekly income if you can’t work due to illness or injury. It’s particularly useful if you’re self-employed or a small business owner. 

Trauma cover

Provides a payout if you’re diagnosed with a serious illness. You can use it to cover your medical and living expenses – or even to take a holiday so you can recuperate. 

Business insurance

Includes a range of cover options to protect your business and your team. You can tailor your cover depending on the size and nature of your business. 

How does financial planning work?

1. Get in touch

Make an appointment to meet with one of our qualified financial planners. Your first meeting is completely obligation-free and will be at a branch or over the phone.

2. Your first meeting

Get to know your planner and discuss your financial situation and goals. They will explain any costs involved in building your financial plan.

3. Building your plan

If you agree, your planner prepares a tailored financial plan, with strategies to help you reach your goals.

4. Implementing your plan

Your planner presents your plan with their recommendations. If you proceed, your planner puts your plan into action.

5. Staying on track

Over time, your circumstances may change so reviewing your plan regularly can help keep it on track. Contact your financial planner to arrange a review.

What does it cost?

Tailored to suit you

Each plan is tailored to suit individual circumstances so costs vary. Your first appointment with a financial planner is obligation-free and your planner will clearly explain the costs involved up front.

Ways you can pay

There are a number of different ways you can pay for your plan - including direct debit via your bank account, by credit card or through your super account. Speak to your planner about how you might use one of these options to pay for your plan.

Ready to talk to someone?

Get in touch today to plan your financial future.

Request an appointment

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Things you should know

This web page contains general advice only. It was prepared without taking into account your objectives, financial situation or needs. You should talk to a financial planner before making a financial decision. Commonwealth Financial Planners are representatives of Commonwealth Financial Planning Limited ABN 65 003 900 169, AFSL 231139, a wholly-owned, non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124. While care has been taken in the preparation of this web page, no liability is accepted by Commonwealth Financial Planning, its related entities, agents and employees for any loss arising from reliance on the content.