Life Insurance and Income Protection for Recruitment Consultants
Income Protection for Recruitment Consultants and Their Families
Base and variable pay, a move in-house or your own agency, and any cover through work and super all shape your options. We can help you understand any cover you hold, apply for new cover and lodge claims.
Financial Advice for Life Insurance and Income Protection
Who We Help
- Perm desk consultants at recruitment agencies
- Contract recruiters with temps and contractors out on site
- Team leaders who still bill
- Consultants in their first year still building a desk
- In-house recruiters employed by one company
- Talent acquisition leads and their teams inside a business
- Agency founders paying staff and themselves
- Sole recruiters running an agency alone
- Consultants on commission-heavy plans where base pay is the smaller part
- Recruiters moving in-house or into their own agency, with cover from an earlier job
We Can Help You
- Set out your pay, base and variable, clearly for a cover application
- Gather payslips, your commission plan and tax returns as income evidence
- Find out from each insurer with you which period of earnings income protection uses
- Work out what you’d want from a household budget, not a peak quarter, before comparing cover
- Line up how long a policy makes you wait with any leave owed to you
- List work and super cover beside what each costs, before anything changes
- Describe your job on a cover application as it is, including travel and client visits if you do them
- Explain how income protection fits with losing a job, as it’s generally for illness or injury
- Talk through cover before going in-house, leading a team or opening your own agency
- Lodge a claim with you if you can’t get back to clients and candidates, with the insurer or fund deciding
What we advise on
How Each Cover Works Around Recruitment Work
Income Protection
Time off clients and candidates through illness or injury: what could help at home?
Income protection can pay part of your income after a waiting period, subject to policy terms, exclusions and the insurer’s assessment.
We’ll weigh up income protection with you from a wide range of insurers, around your duties and pay.
A policy can pay a share of your pre-tax income if you can’t work, usually based on earnings in the 12 months before. Each policy has its own definition of disability, most offer a waiting period between 14 days and two years, and exclusions can apply, including to occupations or activities. An insurer usually looks at your job and duties when you apply, and this can affect whether cover is offered, the benefit periods available and the amount.
What we look at with you on income protection:
- Earnings in the 12 months before an illness or injury, which Moneysmart says policies usually use, and how each insurer works them out
- A slow hiring year before a claim, and the terms on which some policies can look further back after a big fall in income
- Your base pay and commission shown separately on an application, with each insurer asked how it treats them
- Your commission paid during time off from earlier placements, and how a policy’s wording treats it
- Leave owed to you, if any, lined up against how long a policy makes you wait
- Interviewing, client calls or other work as the main duties of your occupation, the test some policies apply
- Returning to a few clients, where some policies pay part of a benefit if your earnings drop and you meet the terms
- Being made redundant, and what to plan beside cover that is generally for illness or injury
- Paying for a policy through your fund or from your pay in a slower billing year, and how each works
Life Insurance
Who at home, if anyone, relies on what your recruitment work pays for?
Your beneficiaries can receive a lump sum from life cover, towards debts, everyday costs and plans you’ve made.
Together, we’ll size a life cover amount from your debts and anyone relying on your income.
Moneysmart notes life cover can help if you have large debts or a mortgage. A policy pays a lump sum to your beneficiaries if you pass away, some include terminal illness cover, and insurers usually ask your age and job when you apply. With nobody named, your estate or the super trustee may decide where the money goes.
What we weigh up with you on life cover:
- A home loan, if you have one, sized on the debt itself rather than the strong quarters behind it
- An amount based on steady household costs, not on your biggest billing year
- Your commission as part of what the household relies on, and whether an amount based on base pay alone would be enough
- Cover in past employers’ funds that could count towards what the household would need
- Who you can name on your super, and what each trustee’s rules ask for
- Packaged cover for a recruiter with TPD inside it, and how a TPD claim may reduce the life amount
- Agency debts in your own name, if you run an agency, on top of what the household would need
- Your billings’ share of household income, and what your partner has in place, if you have a partner
TPD Insurance
What would become of your plans if you could never work again?
TPD cover can pay a lump sum towards debts and plans if you meet the policy’s definition.
We’ll explain how TPD definitions can read a working life spent with people, clients and candidates.
An own occupation definition looks at your usual job, while an any occupation definition looks at jobs suited to your education, training or experience. Moneysmart says own occupation cover is usually only available outside super, and the insurer decides what it offers you. Some definitions look at everyday activities instead of work, and a TPD payment may reduce life cover packaged with it.
What we compare with you on TPD:
- Your recruitment, sales and coaching background, and how wording about other suitable work might view it, with the insurer or fund deciding
- A test based on recruitment itself rather than other jobs, if an insurer offers one, usually outside super
- TPD wording in each super fund you’re with, read beside your recruitment work
- Job details held by each fund, compared with your candidate, client and team work
- What you’d still owe on a home or agency loan, if you have one, if you could never work again
- Talent acquisition duties after a move in-house, and how a TPD definition could read those duties
- Everyday self-care like bathing or dressing, which some TPD policies look at in place of recruitment work
- Months away from clients compared with never working again, and which cover would apply to each
Trauma Insurance
Treatment after a serious diagnosis can mean time away from billing: what could help with the costs?
If a listed condition meets the definition and isn’t excluded, this cover can pay a lump sum.
We’ll read what a trauma policy lists with you, and how a lump sum could sit beside income protection.
New trauma cover can’t be held inside super, which has been the rule for policies written since 1 July 2014. Moneysmart notes that medical definitions can be different between insurers, so each policy’s list of conditions and its wording are worth reading side by side. Tax on a payment is a question for an accountant.
What we read with you in a trauma policy:
- Trauma lists set side by side, as Moneysmart notes medical definitions can be different between insurers
- Part payments some policies make, and how one affects what remains of your cover
- Budgeting for premiums from regular pay, since a new policy of this type stays out of your fund
- Household bills during time off before other cover pays, if you hold it, and where a lump sum fits
- Weeks away from your own agency, where Moneysmart notes you won’t have sick pay, and what a lump sum could go towards
- Trauma and life on one policy, and what a claim on one does to the other
- A long-held trauma policy, if you have one, before you swap it for anything on offer today
- Tax on a lump sum after a serious diagnosis, as a question for an accountant while you’re comparing cover
Cover in Super
Could a fund from an earlier agency or job hold cover worth reading?
Reading each fund’s statement can show what it holds and what it costs you.
Together, we’ll list the cover in each fund and what it costs, before anything changes.
Default cover inside super can usually be issued without medical checks, though it may carry pre-existing condition rules set out in the fund’s PDS, and increasing it is usually underwritten like any other application. Premiums come off your balance, and default cover is for a set amount, so it might not match your needs.
What we check in each fund with you:
- Old funds from agency jobs or an earlier career, set out with what each holds and charges
- An incorrect occupation for you in super, which the fund can be asked to correct, as Moneysmart suggests
- Your next agency generally paying into the fund you already have, unless you tell them otherwise
- Staying in one fund as you move between agencies, as any insurance you have there will usually stay with that fund
- Switching funds between agency jobs, which can mean losing insurance on the old account
- Extra cover in your fund above the standard amount, usually underwritten, if your billings pay most of the household’s bills
- Rules on earlier illnesses in a fund’s PDS, if default cover is part of your plans
- The premium each old fund takes from your balance, and what you’d get for it
Base, Billings and Income Evidence
Would setting out your pay and billings help your cover fit the way you’re paid?
Clear pay records can give an insurer a fuller picture of what you earn.
Together, we’ll set out how you’re paid and the records that show it, for an application.
At claim, Moneysmart lists payslips and tax returns, or financial statements if you’re self-employed, among what an insurer can ask for. What an insurer wants at application varies, so it’s worth asking each one. Since 5 October 2021, the duty when applying for consumer life cover is to take reasonable care not to make a misrepresentation, which means answering the questions asked with reasonable care.
What we set out with you about your pay:
- Recent payslips and your commission plan, if you have one, brought together for an application
- Tax returns for recent years, if an insurer asks for them, with an accountant on anything that needs explaining
- How much of what you earn is base pay and how much varies, written down before you compare policies
- A new plan or threshold change at work, and the question to put to an insurer about income from it
- A run of big placements, or a thin quarter, falling inside the period an insurer looks at, and what to ask about it
- Financial statements if you run an agency, which Moneysmart lists for self-employed people at claim
- Your income described with reasonable care, because an application’s questions need careful answers
- Each insurer’s own way of working out income, asked directly, as the decision on an application is theirs
Restructures, In-House Moves and Your Own Agency
Before your work changes, what’s worth looking at in your cover?
Asking a few questions before you go can show what stays, what may change and what to apply for.
Together, we’ll look at what may change for cover with a restructure, a move in-house or your own agency.
Income protection is generally for illness or injury rather than losing a job, so we can help you understand what it would and wouldn’t do for you. Any cover that comes through your employer may not continue once you leave, so it’s worth asking your employer or fund before your last day. Moneysmart notes self-employed people don’t have paid holidays or sick leave, and suggests checking how the move affects insurance through your super.
What we look at with you before the change:
- A role lost in a restructure, with your buffer and budget looked at beside cover that’s generally for illness or injury
- Your last day at an agency, and the questions for your employer or fund before then
- Cover at a new employer, if it offers cover, and how it compares with any cover you hold now
- Lower variable pay after a move in-house, and what to ask about income if you apply for cover later
- No paid sick leave in your own agency, which Moneysmart notes, set against how long your savings could last
- Insurance through your super, checked before you leave a job for your own agency, as Moneysmart suggests
- Agency rent and office costs during time off, and whether business expenses cover is available and suitable
- A career move with a gap between jobs, and any minimum hours term in a policy you hold
When to Review Your Cover
How well would any cover you hold suit your recruitment work and home life today?
Moves at work or changes at home can be a good reason to read your cover again.
We can go through any cover you hold with you, beside the recruitment work you do and your life at home.
Recruitment work can move from an agency to in-house, from consultant to team leader, or into a business of your own. Default cover through super is for a set amount, so it might not match your needs. A move like that, or a change at home, is a good reason to book a conversation, and we can read a policy or fund statement with you. The insurer decides on any new application.
Situations worth raising with us in a conversation:
- Leaving an agency for an in-house role, and the title on your fund or policy papers
- Consultant to team leader, with a team’s results as well as your own billings to describe
- Perm desk to contract desk, and what to ask an insurer about how the change shows in your income
- A new commission plan at work, and how to raise the change in your pay with an insurer
- Starting an agency, with no paid sick leave ahead and insurance through your super worth checking first
- Restructures in your team, and what to ask about cover before a last day, if your role ends
- Joining your first agency under 25, and a question for the fund about when insurance starts
- Changes at home, such as a baby, a separation or a new loan, and the life and TPD amounts you’d now look at
- Premiums generally rising with age, and the amount of cover that suits a slower year
Making a Claim
If you ever need to claim, who’d be beside you for the forms and follow-up?
Someone beside you for forms and follow-up can make a claim easier while the insurer or fund assesses it.
Together, we’ll lodge a claim with you and follow each step while the insurer or fund assesses it.
Moneysmart says to speak first to whoever you bought the policy from, your fund for cover in super, or your employer for cover through an employment arrangement. At claim, an insurer can ask about your work duties, including physical requirements, the hours you work each week and your pay records. The insurer, or the fund for cover in super, assesses the claim, and a complaint goes first to the insurer or fund, then to AFCA.
How we help with a claim:
- Your first step, from the papers behind each policy or the cover through your job
- Duties and weekly hours, including client visits and candidate work if you do them, set out for the insurer
- Pay history for the months an insurer asks about, whether on payslips or in your agency’s accounts
- Your doctor’s part in a claim, and the medical reports that may be needed
- Other money coming in during time off, including your commission, and whether it reduces an income protection benefit
- Working a few days with clients again, and the partial terms some policies set
- Billings that moved around before you stopped, and the pay records covering the period an insurer asks about
- Who you can go to if you remain unhappy with a decision, including AFCA
Health Conditions & Illnesses
Could a health condition change the cover an insurer offers you?
Our guides explain what insurers may ask about common conditions, and a health condition doesn’t necessarily rule out cover.
We can help you prepare an application when you have a health condition or a past illness.
Underwriting is how an insurer assesses an application and decides whether to offer cover, on what terms and at what price. Possible outcomes include standard terms, a higher premium, an exclusion, a request to apply again later, or a decline.
Guides by health condition:
- Cover with a health condition: where to start
- Autoimmune conditions
- Back or joint conditions
- Blood conditions
- Cancer history
- Diabetes
- Digestive conditions
- Eye or hearing conditions
- Heart conditions
- HIV or hepatitis
- Kidney conditions
- Mental health conditions
- Neurological conditions
- Respiratory or sleep conditions
- Weight, smoking or alcohol history
- Women’s health conditions
Your work and your cover
How Your Work Shapes Your Cover
What We’d Look At Together
- Your role and duties: Insurers usually ask about your job when you apply. It helps to set out what you do as it is, including candidate and client work, travel and any team you lead.
- Base and variable pay: Your pay may include a base, commission and quarterly bonuses. How a policy works out income from each part is a question to ask each insurer.
- The period an insurer looks at: Income protection usually works from your earnings in the 12 months before an illness or injury, and some policies can look further back in certain cases. It’s worth asking each insurer.
- Agency, in-house or your own business: As an employee, paid leave and cover through your employer or fund, if you have it, are the starting point. In your own agency, Moneysmart notes there’s no paid sick leave, and an insurer can ask for financial statements at claim.
- Cover through work: If you have cover through an employer, ask your employer or fund what it pays and what may change when you move on.
- Cover in your super: Each fund from an earlier job may hold its own cover, at its own cost. Moneysmart suggests checking what you have through your super, then comparing it with cover outside super.
- A restructure or role change: Income protection is generally for illness or injury rather than losing a job, so we can help you understand what it would and wouldn’t do. A move to a team role or a new employer can change your duties, which are worth setting out as they are if you apply for cover.
- Back at work part-time: Some policies pay a partial benefit when you work in a reduced capacity and earn less than before. Other payments may reduce a benefit.
This list isn’t complete, and nothing on it decides anything on its own. We start by learning about your situation, and any decision on cover is the insurer’s.
Your options
Why Work With a Financial Adviser for Your Personal Insurance?
| A Ryker financial adviser | Directly from an insurer | An online broker or comparison site | |
|---|---|---|---|
| Type of advice | Personal advice Personal adviceAdvice tailored to you. Like most financial advice, it’s given under an Australian financial services licence.Personal, not general. General advice is a recommendation or opinion that doesn’t consider your circumstances. Personal advice is tailored to your objectives, financial situation and needs.In your best interests. When we give you personal advice, the law requires us to act in your best interests.In writing. You’ll usually receive a Statement of Advice that explains the strategies and cover recommended to you, and why.On the public register. Financial advisers who give personal advice on life insurance, super and investments must be on ASIC’s Financial Advisers Register. See our financial advisers on the register:Ray RegmiRicky (Rajiv) RegmiJack OinezaDean DesoukeyRyker’s financial advisers are authorised representatives of Synchron Advice Pty Ltd, AFSL 243313. | Usually general advice | Usually general advice |
| Advice that considers your health, family, work and goals | Yes, as part of your advice | Not with general advice | Not with general advice |
| Choice of insurers | A wide range | That insurer’s policies only | A panel of insurers, side by side |
| Help preparing your application | Yes, alongside you | The insurer’s own process | Varies |
| Advice on holding cover inside or outside super | Part of your advice | Not with general advice | Not with general advice |
| Support if you need to claim | Yes, we’re in your corner | The insurer’s claims team | Varies |
| Cost of advice | No cost for the initial conversation. Any advice after that is a paid service, with its scope and fee agreed with you in writing first. Choose: | No separate advice fee | No separate advice fee |
Type of advice
- Ryker financial adviser
- Personal advice Personal adviceAdvice tailored to you. Like most financial advice, it’s given under an Australian financial services licence.Personal, not general. General advice is a recommendation or opinion that doesn’t consider your circumstances. Personal advice is tailored to your objectives, financial situation and needs.In your best interests. When we give you personal advice, the law requires us to act in your best interests.In writing. You’ll usually receive a Statement of Advice that explains the strategies and cover recommended to you, and why.On the public register. Financial advisers who give personal advice on life insurance, super and investments must be on ASIC’s Financial Advisers Register. See our financial advisers on the register:Ray RegmiRicky (Rajiv) RegmiJack OinezaDean DesoukeyRyker’s financial advisers are authorised representatives of Synchron Advice Pty Ltd, AFSL 243313.
- Direct from an insurer
- Usually general advice
- Online broker or comparison site
- Usually general advice
Advice that considers your health, family, work and goals
- Ryker financial adviser
- Yes, as part of your advice
- Direct from an insurer
- Not with general advice
- Online broker or comparison site
- Not with general advice
Choice of insurers
- Ryker financial adviser
- A wide range
- Direct from an insurer
- That insurer’s policies only
- Online broker or comparison site
- A panel of insurers, side by side
Help preparing your application
- Ryker financial adviser
- Yes, alongside you
- Direct from an insurer
- The insurer’s own process
- Online broker or comparison site
- Varies
Advice on holding cover inside or outside super
- Ryker financial adviser
- Part of your advice
- Direct from an insurer
- Not with general advice
- Online broker or comparison site
- Not with general advice
Support if you need to claim
- Ryker financial adviser
- Yes, we’re in your corner
- Direct from an insurer
- The insurer’s claims team
- Online broker or comparison site
- Varies
Cost of advice
- Ryker financial adviser
- No cost for the initial conversation. Any advice after that is a paid service, with its scope and fee agreed with you in writing first. Choose:
- Direct from an insurer
- No separate advice fee
- Online broker or comparison site
- No separate advice fee
Your Cover for Recruitment Work, Worked Through Together
Base and Variable Pay Set Out
Any base, commission or bonus in your pay set out, with each insurer asked how it works out income.
Income Evidence Gathered
Payslips, your plan and tax returns, or financial statements if you run an agency, brought together with you.
Life and TPD Sized From a Household Budget
Amounts worked out with you from debts and household costs, rather than a peak quarter, for the insurer to assess.
Cover in Every Fund Listed
What each fund from an earlier job holds and costs, read with you before you combine anything.
Cover Looked at Before an In-House Move
Any cover you hold and questions for your employer or fund, gone through before a new job starts.
Cover Looked at Before Your Own Agency
What changes for sick leave and cover through super, looked at with you before you leave a job.
Job Loss and Income Protection Explained
What income protection would and wouldn’t do if a job ends, as it’s generally for illness or injury.
A Recruitment Work Claim Lodged With You
A claim lodged with you, with your work duties and pay records ready for the insurer or fund to assess.
This has really changed our lives
Ray and his team has been incredible, they look after my entire family including my brother in law. Over the years he has helped us with investments, tax and other advice. This has really changed our lives.
Read moreDean Desoukey is changing lives!!
From the very beginning he was warm, patient, incredibly knowledgeable, and genuinely cared about helping us make the right decisions for our future. The positive impact they've had on our family financially and the peace of mind he's given us has been huge.
Read moreI felt heard, understood, and respected
I can't speak highly enough of the service I received from Dean Desoukey. Financial conversations can often feel overwhelming, but he created a space where I felt heard, understood, and respected. He took the time to really listen, explained things clearly, and never rushed me through decisions.
Read moreKnowledgeable, patient and caring
I cannot recommend Ray highly enough. He is an exceptional financial adviser: knowledgeable, patient and caring. From the very beginning, he took the time to truly understand my goals and helped me to create a clear structured financial plan. I never feel rushed or pressured.
Read moreThank you Ray for protecting me and my family
Ray has been my trusted financial adviser for over 12 years. He is highly knowledgeable and passionate about making sure his customers have the right insurance to secure them and their family. I was recently sick and Ray was there right away when needed most.
Read moreHe went above and beyond
I recently dealt with Ricky Regmi at Ryker Capital, and I couldn't be more satisfied with the service I received. Ricky was incredibly patient and supportive throughout the entire insurance process. He went above and beyond, coordinating with my accountant and doctor to ensure everything was in order.
Read moreIt never feels transactional
We've been working with Jack for the past two years, and it's been an incredibly positive experience. He takes the time to build genuine relationships and really gets to know his clients beyond just the numbers. It never feels transactional; it feels like he truly cares about our wellbeing.
Read moreImmensely professional and diligent
Ray has been immensely professional and diligent in my most recent SMSF restructure and insurance review. He not only tweaked it to make it work more for me and my future goals but recommended future strategies to help build my wealth. Cannot recommend him enough.
Read moreHolistic and Experienced Financial Advisers for Recruitment Consultants
Your work can change someone’s working life. One call from you can mean a new job, a fresh start or a move closer to home, and a client can find the person who helps their team grow. We’d like to hear about your working life too: what you enjoy, who matters most to you and what you’re hoping for. From there, we’ll help you build a plan around your own goals and the life you’d like to lead, at work and at home.
You spend a lot of your working life thinking about other people’s next steps, and your own are worth that same care. Yours might be a place to call home, more time with the people you love, an agency of your own or more choice about what you do next. Anyone relying on you can have a place in the plan as well. Whatever you’d like next, we can work through it with you, and our ongoing advice clients go over their plan with us each year.
If illness or injury kept you from your recruitment work, income protection can pay part of your income after a waiting period, subject to the policy’s definitions, exclusions and the insurer’s assessment. Personal cover can also include life, TPD and trauma cover, each with its own terms. We can advise on cover alone, without a full financial plan, explaining each one in plain language and comparing cover from a wide range of insurers with you. The insurer decides on any application.
Every financial decision impacts the next
Your Financial Life Is Connected
Great advice starts with understanding the bigger picture. Every stage of life presents new opportunities and challenges, from buying property and changing careers to growing your family, planning for retirement and protecting what matters most. At Ryker, we help connect every piece of your financial world into one clear strategy.
Learn more about Financial Planning and Advice for Recruitment Consultants
Your
Wealth
- Property & Investing
- Career & Income
- Tax Strategy
- Insurance & Protecting Your Family
- Super & SMSF
- Wealth & Investments
- Life Events & Changes
- Business & Wealth
- Legacy & Future Wealth
- Retirement Planning
Frequently Asked Questions
Ryker’s financial advisers are licensed to give personal advice under Synchron Advice’s Australian financial services licence (AFSL 243313). We start with you: your recruitment work, your family, work, income, assets and goals. Then we recommend the types and amounts of cover that suit your life.
Recruitment work can mean a perm or contract desk, an in-house role or your own agency, with pay that can swing from quarter to quarter. Each can affect how an insurer assesses an application and how a policy’s definitions read a claim, so your duties, hours and pay are what we look at.
With a financial adviser, you also have:
- Access to a wide range of insurers, who can assess the same health details differently
- Help preparing your application and answering the health questions with care
- Advice on whether to hold cover inside or outside super, and the trade-offs
- Annual reviews of your cover through ongoing advice, with your health, family and work in mind
- Someone in your corner if you ever need to claim
Going directly to an insurer can mean no separate advice fee, but you’ll only see that insurer’s policies, and you’ll generally receive general advice only, which doesn’t consider your personal circumstances.
Going through an online comparison site or broker, you may see more options side by side, but they also generally provide general advice only, which doesn’t consider your whole financial picture.
When we give you personal advice, the law requires us to act in your best interests, which we take personally. The insurer still decides whether to offer cover and on what terms.
We’re invested in your long-term success. What we do is personal, and we take it personally.
Your financial decisions connect, so we consider the parts of your financial life that are relevant to the advice you need:
- Property & Investing
- Career & Income
- Tax Strategy
- Insurance & Protecting Your Family
- Super & SMSF
- Wealth & Investments
- Life Events & Changes
- Business & Wealth
- Legacy & Future Wealth
- Retirement Planning
This is how we help you make decisions today with your longer-term goals in view.
Everybody’s situation is different, so we listen first, understand what matters to you and explain your options clearly before we make a recommendation.
Yes. Whether you’re on a desk, in-house or leading a team, our financial advice and strategies can help you prepare. That could mean working out how long your money would last without your regular pay, listing any cover through work and in super, and asking your employer or fund what may change if you leave.
Income protection is generally for illness or injury rather than losing a job, so we can help you understand what it would and wouldn’t do for you, and what may change with any cover if you leave. If your job does end, our redundancy advice can help with what comes next.
Moneysmart says income protection usually bases the benefit on your annual earnings in the 12 months before your illness or injury, so a big change in billings can matter. Some policies can look further back in certain cases. It’s worth asking each insurer how its policies work out income when part of your pay is commission from your placements.
What you earn when you apply and what you earned before a claim can be different figures, so it’s worth asking about both. We can compare this with you across insurers, and the insurer decides on each application and claim.
Each insurer asks in its own way, so treat this as a starting point:
- Recent payslips
- Your commission plan, if you have one
- Recent tax returns
- Financial statements, if you’re self-employed
Moneysmart lists payslips, tax returns and financial statements among what an insurer can ask for at claim. We can help you set out your pay clearly before you apply, and the insurer decides on any application.
Moneysmart suggests asking what happens to the cover if you change jobs. It helps to start with where each piece of cover sits:
- Through your current employer, if you have it: ask your employer or fund before your last day
- In super: if you stay with the same super fund as you move between jobs, any insurance you have there will usually stay with that fund
- In your own name: the policy wording sets when its terms can change, so it’s worth reading before you change or replace it
We can go through each with you.
Moneysmart notes self-employed people don’t have paid holidays or sick leave, and suggests checking how moving from employee to self-employed affects the insurance cover through your super. At claim, an insurer can ask for financial statements if you’re self-employed, which can look quite different from payslips.
These are worth asking about before you leave your job. We can go through any cover you hold with you and compare cover you could apply for, and the insurer decides on each application.
The amount you owe is the place to start, along with who’d be left to pay it and what the household needs each month. Moneysmart notes life cover can help if you have large debts or a mortgage.
We can work out amounts with you from those figures rather than your strongest year. Cover in a package may be reduced by a claim on another part, so that’s worth reading too. The insurer decides on any application.
A move in-house, a step up to team leader, a new commission plan at work or starting your own agency can each be a good reason to book a conversation.
At home, a new loan, a baby or a separation can be too. We can read a fund statement or policy with you beside the work you do now, and compare new cover you could apply for. The insurer decides on any application.
Our ongoing advice clients have an annual review with us.
A price from an online quote tells you what one policy might cost. It may not show variable pay in full, how a policy treats a year when your pay swung, or what sits in your super.
When you come to us for personal advice, your pay and work come first. We can then go through your existing cover and compare options with you across a wide range of insurers, and the insurer decides on any application.
Your accountant and financial adviser bring different expertise to the same decisions. Your accountant can advise on tax reporting, structures and consequences; we help you plan how cashflow, debt, super, investments and protection work towards your goals. We can coordinate before important decisions.
What an accountant does
- Prepares and lodges tax returns, BAS and financial statements
- Advises on tax structures such as companies, trusts and partnerships
- Manages bookkeeping, payroll and ATO compliance
- Provides tax advice on the consequences of a transaction
What a financial adviser does
- Sets a long term strategy across retirement, investing and cash flow
- Builds wealth from early in a working life, starting with cash flow, a first home and super
- Recommends specific super funds, investments and personal insurance
- Operates under an Australian Financial Services Licence, which is required to give personal advice on financial products
- Handles retirement planning, Centrelink and aged care strategy, and estate planning considerations
Professional roles and authorisations matter. We provide financial advice within our authorisations and work with your accountant for specialist tax advice and lodgements.
Where they work together
- Tax position. Your accountant confirms your marginal rate, deductions and carried forward losses, which shapes decisions on super contributions, investment structures and the timing of asset sales.
- Business and entity structures. Your accountant advises on the structure itself and your financial adviser works within it for investments, insurance and succession planning.
- Cash flow. Your accountant’s figures can help us understand what’s available for debt repayment, protection and longer-term goals.
- Before key decisions. We can coordinate with your accountant on contributions, asset sales and other material choices in time to consider relevant tax consequences.
We’re a national service, so you can meet with us by phone or video from anywhere in Australia. We also have offices in three cities:
- Sydney: offices in Sydney CBD, Parramatta, Seven Hills, Ingleburn and Narellan, servicing areas including the City of Sydney, Eastern Suburbs, Inner West, North Shore, Northern Beaches, Sutherland Shire, Blacktown, Liverpool, Campbelltown and all surrounding suburbs.
- Melbourne: our St Kilda Road office, servicing areas including the City of Melbourne, Port Phillip, Boroondara, Monash, Casey, Wyndham and all surrounding suburbs.
- Brisbane: our Eagle Street office, servicing areas including Brisbane City, Moreton Bay, Ipswich, Logan, the Gold Coast, the Sunshine Coast and all surrounding suburbs.
Yes. New to a desk, leading a team or running your own agency, you can start with us from where things are now.
There’s no cost for the initial conversation. Any advice after that is a paid service, with its scope and fee agreed with you in writing first.
It helps to have recent payslips and a tax return on hand, plus your commission plan if you have one. We can read a super statement or policy with you.
Reviews
Testimonials from Our Clients
Client Success Stories
A Property Sale Became a Full PlanEstimated long term financial benefitApprox $448,000
A Plan to Keep the Family HomeLife cover established$1.2 Million
Cover in Place and Fees LoweredImmediate value$1,055 a year
Super Fees More than HalvedProjected retirement uplift$416k
Income Covered for a New MortgageImmediate value$975 a year
A 13-Year Mortgage Paydown PlanPlanned mortgage paydown13 years
A First Home and Family CoveredImmediate value$1,346 a year
Age Pension Kept After an InheritanceProjected uplift at 90More than $642,000
Grow & Protect Your Wealth Today
Whatever’s on your mind, we’re here to help. You’ll speak with an authorised financial adviser who’ll listen first and get to know what matters to you.
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