Tradie Life and Income in Melbourne, Victoria, Australia | Accountant

Tradie Life and Income

Locality: Melbourne, Victoria, Australia

Phone: +61 408 138 901

Address: 8/155 Queen St Melbourne, VIC, Australia

Website: www.pacegroup.com.au/wealth.html

Likes: 19

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• Accountant
• Financial service
• Investing service
• Insurance broker

23.01.2022 Clear comparisons including your industry fund. Keep your industry fund or your SMSF. Our advice works with your existing super.

23.01.2022 https://www.cbussuper.com.au

21.01.2022 Expert Insurance advice should be easy to follow so that you can make a good decision, with the help of someone who knows whats going on

20.01.2022 It’s too late to get covered after something happens.

20.01.2022 Transparency is important when it comes to advice

18.01.2022 https://www.moneysmart.gov.au/insurance/life-insurance This page is your friend. And mine too.

17.01.2022 Text / call me on 0408 138 901 if anyone want to know anything or if you need help with coverage. - Ian Sherlock, Senior Planner, PACE Wealth

15.01.2022 Keeping your CBus super account might be essential at some point in a future job. So make sure you consider CBus, and any insurer you use can work with CBus.

14.01.2022 The claim begins with the best insurance policy in the first place.

13.01.2022 Working out what you want is where this all starts. That’s a solid conversation. And it’s about asking yourself the right questions.

11.01.2022 Before going through with any advice, do this - make sure the insurance broker or adviser compares your industry fund insurance with any new suggested insurance. See the cost and quality ratings of the insurance side by side. Does it add up?

08.01.2022 It’s you and me VS the system.

07.01.2022 The most secure insurance claim begins with the best insurance policy, whatever insurance company that is with.

06.01.2022 Case study for the Tradie nerds out there. This is not advice, but a good example of what advice can do. Chip Smith, a 34 year old male carpenter is on site, finalising a job he’s been working on for the past week. As luck would have it, he’s left his goggles in the truck. Thinking it was only a minor drilling issue, he’ll just get the job done. A fragment of the metal comes off as he drills, and goes straight into Chip’s right eye. He’s rushed to hospital, and after do...ing everything they can do, a week later he is told by his Doctors that he will be permanently blind in the right eye for the rest of his days. Chip’s Income Protection policy with highly rated insurer had a monthly benefit of $5,000. The TPD option inside the Income policy is based on the annualised monthly benefit, multiplied by a figure dependent on the client’s age. Chip is 34, with a monthly benefit of $5,000. Thus, 5,000 x 12 = 60,000. We then take the multiple for his age as per product offers that have been available 60,000 x 15 = $900,000. Chip has two options; A) Take income stream of $5,000 per month, or B) Take a lump sum payment (tax free) of $900,000. As Chip is partially blind in one eye, he will never be able to work as a Carpenter again. He discusses this with his adviser, and they decide that as this benefit is applied to his OWN definition, they believe he would be able to find work in another role, which could be at a Hardware store, or something totally unrelated. His wife also works, and his kids are in school. He decides to take the $900,000 payment to clear all debts, and move on with finding another job. If he did not have this benefit, Chip would have been forced to take the $5,000 per month. Just take a moment and think of how different and straining (both financially and mentally for him and his partner) this could turn out to be. As, if on claim with the stream, he could not go out and get another job. Interesting to note, that the injury Chip acquired makes up 9% of INJURIES applied to carpenters as at 2015. Good advice eh?

06.01.2022 Get your advice for life and income insurance they way that you want it. In person or online / phone. Or any combination of these as you want.

05.01.2022 http://mobile.abc.net.au//tanya-louth-daniel-brad/10051376

03.01.2022 How much cover you NEED is a different conversation for every Tradie and their family. It's a worthwhile starting point when considering insuring your life and/or income. And who knows - you might need to spend less than you thought. Which means less cost in your super or less cost from your bank account.

03.01.2022 Onepath insurance sold to Zurich. Does this mean that the old Onepath policies are less reliable for pricing???

01.01.2022 If you're getting off the tools then you can often tell your insurance company and pay less.