Whether its medical insurance for you and your family or business succession planning, LIFE-TIME Financial Group can help you find the plan or strategy that’s right for you or your business. Below are the types of insurance and services that we offer our clients.
Personal Insurance – multi-company quotes, advice and recommendations supported by research
- Income Continuance
- Life Insurance
- Trauma Insurance
- Medical Insurance
New Zealand Statistics show that 1 in 3 people will be off work for longer than 6 months due to injury or illness during their working lives.
Income Continuance Insurance provides you with a regular income if you are unable to work as a result of injury or illness and helps to ensure that bills can be paid so that you can maintain your current standard of living.
In the event you die to soon or become disabled and are unable to work, how will this affect the financial well being of your family? Looking after those important to you is something we’d all like to do and life insurance is a cost-effective to do just that. A good life insurance policy is a wise and practical choice which offers the reassurance that the future financial welfare of your loved ones will be secure. Click here to see our “Life Insurance Made Easy” table.
Trauma or critical illness cover is one of the life insurance industry’s best kept secrets. That’s because it is insurance for the living and pays cash so if the insured person suffers a serious illness or injury covered by the policy they can carry on with their life. Its main value is that it helps remove some of the main barriers to recovery – stress and not being able to afford the treatment you want, when and how you want it.
Private medical cover provides the funding to enable you to have private hospital treatment whenever you require more immediate access or a broader range of treatment options than are available to you through the public health system.
Business Assurance – multi-company quotes, advice and recommendations supported by research
- Buy-Sell Agreement Funding
- Key Person issues for revenue preservations
- Funding for Revenue Preservation
- Liabilities and Guarantees
- Contingency Funding
- Business succession / Exit Strategy planning
Buy-Sell agreements are crucial for small to medium size companies because the death or disability of a business owner creates a significant financial burden on the business as well as the remaining partners. There must be funding in place which ensures the terms set out in the agreement are met, when the surviving partners or shareholders are called on to purchase the business interest. LIFE-TIME Financial Group can help your business identify the best funding options.
The objective of a key person arrangement is to enable a business to continue operating despite the death or disability of a key individual who works, or is otherwise involved, in the business. An insurance policy is often used to protect the business from any potential financial loss associated with the occurrence of such an event.
What if a product launch is delayed, you lose your best customer, costs overrun or interest rates go up? These unexpected setbacks can be devastating for many businesses that operate on very thin margins. Having contingeny funding in place can mean the difference between getting over a rough period and bankruptcy.
Most businesses instinctively know that to grow the success of their business they need to retain and develop their people. Succession planning provides a structured and targeted approach to ensure that you have the right people, with the right skills, doing the right things at the right time.