Life Insurance & Claims

Built for Families, Professionals & Business Owners

Every client’s situation is different.

We regularly advise:

• SME business owners
  
• Self-employed professionals
  
• PAYG employees
  
• Clients with lending commitments
  
• Families with dependants
  
• High-income and complex-income earners
  

Insurance decisions affect:

• Cashflow stability
  
• Debt servicing capacity
  
• Business continuity
  
• Retirement planning
  
• Estate planning outcomes
  

That is why we never treat insurance as a standalone product – it is part of your complete financial structure.

Before recommending any policy, we focus on:

• Identifying real financial risks
  
• Determining appropriate cover levels
  
• Assessing affordability and sustainability
  
• Considering self-insurance where suitable
  
• Reviewing ownership structures (personal, business, superannuation)
  
• Ensuring alignment with lending, superannuation, and investment strategies
  

The objective is simple:
to provide protection that strengthens your financial position – not complicates it.

Life Insurance (Death Cover)

Life insurance provides financial security for your family if you pass away.

It can help:

• Clear home loans and debts
  
• Cover ongoing household expenses
  
• Fund children’s education
  
• Provide long-term financial stability
  

The goal is to protect your family from financial uncertainty during an already difficult time.

TPD insurance provides a lump sum payment if illness or injury permanently prevents you from working.

It can:

• Reduce or eliminate debt
  
• Replace lost earning capacity
  
• Fund long-term care or lifestyle adjustments
  
• Protect your family’s financial stability
  

We carefully assess policy definitions to ensure cover reflects your occupation and real-world risks.

Your income is often your most valuable financial asset.

Income protection helps replace a portion of your earnings if you are temporarily unable to work due to illness or injury.

It supports:

• Ongoing living expenses
  
• Loan repayments
  
• Business expenses (where structured appropriately)
  
• Cashflow stability during recovery
  

We advise on both new and legacy policies to ensure sustainability and alignment with your broader strategy.

Trauma insurance provides a lump sum upon diagnosis of serious medical conditions such as cancer, heart attack, or stroke.

It may be used to:

• Cover medical costs
  
• Reduce financial stress during recovery
  
• Allow time away from work
  
• Support lifestyle adjustments
  

Its flexibility allows you to focus on recovery – not finances.

For business owners, personal protection alone is not enough.

Business protection insurance helps safeguard:

• Business continuity
  
• Ownership stability
  
• Loan obligations
  
• Key person dependency
  
• Succession arrangements
  

We advise on:

• Key Person Insurance
  
• Buy–Sell Insurance
  
• Business Expense Insurance
  
• Business Debt Protection
  

We work alongside your accountant and legal adviser where required to ensure structures are appropriate and aligned with ownership agreements.

Insurance decisions affect:

• Lending commitments
  
• Superannuation balances
  
• Investment growth
  
• Business structures
  
• Estate planning
  
• Retirement outcomes
  

We consider:

• Income stability and occupation risk
  
• Debt levels and future borrowing plans
  
• Business structure (company, trust, partnership)
  
• Family responsibilities and dependants
  
• Tax implications
  
• Premium sustainability over time
  

Protection should provide confidence – not unnecessary cost or complexity.

An insurance claim is rarely made at a convenient time.

Illness, injury, or loss often comes with emotional and financial stress. The last thing you need is to navigate insurer processes alone.

We provide support throughout the claims process, including:

• Reviewing policy terms and eligibility
  
• Coordinating claim lodgement
  
• Assisting with medical and financial documentation
  
• Managing insurer communication
  
• Following up on delays or additional requirements
  
• Helping you understand the outcome and next steps
  

Claims are where advice truly matters.

Our involvement helps ensure claims are assessed properly and in line with policy entitlements.

Insurance policies involve:

• Policy definitions
  
• Waiting periods
  
• Benefit periods
  
• Premium structures
  
• Superannuation ownership considerations
  
• Tax implications
  

At Khaw Wealth Consulting, we take time to ensure you understand:

• What is covered
  
• What is not covered
  
• How benefits are paid
  
• How policies interact with superannuation
  
• How cover can be adjusted over time
  

Our advice is deliberate, clear, and focused on long-term stability.