Life Insurance and Income Protection for Travel Agents
Income Protection for Travel Agents and Their Families
Where you work, pay that can move with bookings and any cover through work and super all shape your options. We’ll help you apply for cover, go through any cover you hold and lodge a claim with you.
Financial Advice for Life Insurance and Income Protection
Who We Help
- Store-based travel consultants serving walk-in and returning clients
- Business travel consultants arranging flights and stays for company staff
- Travel agents working from home for an employer or for themselves
- Online travel consultants working from an office or from home
- Specialist holiday consultants for cruises, tours or adventure travel
- Group travel coordinators for conferences, sport and school tours
- Travel team leaders supervising consultants in a store or office
- Owners of travel agencies with or without staff
- Casual and part-time consultants on hours that can change
- Travel agents changing agencies or going home-based, looking at cover before they move
We Can Help You
- Describe your store, corporate, online or home-based duties for a cover application, work travel included
- List each part of your pay, so each insurer can say how a base rate, commission or incentives count
- Find out how three days a week or casual hours would be treated under the minimum hours some income protection policies require
- Choose how many weeks an income protection policy waits, using any sick leave or savings as a guide
- Check income protection and total and permanent disability (TPD) definitions against what your travel work involves
- Check the cover in each super fund, and the job it has on record, before anything changes
- Explain what income protection would and wouldn’t do if bookings fall or a role ends
- Go through your cover before you leave a paid job for a travel business of your own
- Talk through cover when your work changes, such as going home-based, changing agencies or owning a store
- Work through claim forms, doctors’ reports and pay records with you, while the insurer or fund decides
What we advise on
How Each Cover Works Around Travel Work
Income Protection
Would the household bills still be met if illness or injury kept you from your clients for a while?
After a waiting period, a policy can pay part of your income, subject to its terms and the insurer’s assessment.
We’ll look at income protection alongside your travel duties, hours and pay, comparing a wide range of insurers with you.
Moneysmart says income protection usually bases benefits on earnings in the 12 months before an illness or injury stops you working. Each income protection policy has its own definition of disability, and conditions that must be met before a claim is made. 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 and the amount.
What we go through with you on income protection:
- Illness or injury keeping you from clients in a store, office or at home, as each policy defines being unable to work
- A fall in bookings, which income protection isn’t built for, kept apart from time off through illness or injury
- A quieter booking year inside the 12 months before an illness or injury, the period a benefit is usually based on
- Any commission and incentives you earn, as a share of your pay, raised with each insurer before you apply
- Returning from parental leave on fewer days, and whether a policy you hold or choose still suits those hours
- Choosing a waiting period with you, from weeks to months, based on how long you could meet your bills without pay
- Who pays the premium, your super fund or you from take-home pay, with an accountant on any deduction
- Work travel such as famils and site visits, set out as part of your duties when you apply
Life Insurance
If someone relies on your income, what would they need help with if you weren’t here?
A lump sum from life cover can go to your beneficiaries for debts, bills and the plans you share.
We’ll work through a life cover amount with you, from debts, household costs and anyone who relies on you.
A life policy pays a lump sum to your beneficiaries if you die, and some also pay on a terminal illness diagnosis. Moneysmart notes life cover can help if you have large debts or a mortgage, and insurers usually ask your age and job when you apply. If nobody is nominated, the super trustee or your estate may decide who receives the money.
What we weigh up with you on life cover:
- Cover for a home loan, if you have one, sized on the balance owing rather than on a strong year of bookings
- A partner’s income, if you share costs with one, and how long it could carry the household alone
- School and childcare costs, if you have children, through the years a lump sum might need to cover
- Cover in super funds from earlier jobs, if you have any, counted towards the amount you’d want
- A super nomination, so the trustee knows who you’d like the money to go to within its rules
- One policy holding both life and TPD, where a TPD payment may lower what’s left for your beneficiaries
- Your job and duties as described on a life application, whether in a store, an office or at home
- An employer’s group cover, if your agency offers it, which may not continue once you leave the agency
TPD Insurance
Could your household manage if illness or injury meant you could never work again?
Meeting the policy’s definition of total and permanent disability can mean a lump sum from TPD cover.
We’ll explain how TPD definitions could treat the skills your travel work builds, and compare each one with you.
An own occupation definition looks at your usual job, and Moneysmart says it’s usually only available outside super. An any occupation definition looks at other jobs suited to your education, training or experience. Some definitions look at everyday activities instead, and a TPD payment may reduce life cover packaged with it. The insurer or fund decides on each claim.
What we compare with you on TPD:
- Planning, booking and client skills from travel work, and how an any occupation definition might treat those skills
- An own occupation definition based on travel work itself, if an insurer offers one, usually outside super
- The TPD definition in each super fund you belong to, compared with the travel work you do now
- The occupation each fund has on record for you, compared with your store, office or home-based duties
- Everyday activities such as dressing or moving around, which some TPD definitions look at instead of work
- A TPD amount worked out from any loans you’re repaying and your household costs, not a strong bookings year
- TPD and income protection side by side: months away from travel work against never returning to work
- Part-time hours and how a TPD definition treats someone working fewer days before an illness or injury
Trauma Insurance
Treatment for a serious illness can mean weeks away from work: what could help with the costs?
When a listed condition meets the policy’s definition and isn’t excluded, a trauma policy can pay a lump sum.
We’ll check each trauma policy’s list of conditions with you, and how a lump sum could work alongside income protection.
Each trauma policy lists the conditions it covers and defines each one, and Moneysmart notes medical definitions can be different between insurers. New trauma cover can’t be held inside super, which has been the rule for policies written since 1 July 2014. Tax on a payment is a question for an accountant.
What we read with you in a trauma policy:
- Listed conditions and their definitions, set side by side across policies before you choose one
- A partial payout for a less severe condition, where a policy offers one, and the cover left afterwards
- A trauma policy held in your own name and paid from your pay, as new cover can’t be held in super
- A lump sum during an income protection waiting period, if you hold both, for bills in that time
- Bills at home during treatment, and where a lump sum fits beside any sick leave or savings you could draw on
- How a trauma lump sum could sit beside savings built up from stronger booking months
- An older trauma policy’s wording, if you hold one, checked before you replace the policy
- Trauma beside TPD, as a trauma policy looks at listed conditions and TPD at whether you could ever work again
Cover in Super
Is there cover sitting in a super fund that doesn’t match the travel work you do now?
Reading each fund’s statement can show what it holds, what it costs and the job it records.
We’ll go over each super fund with you for the cover it holds, its cost and your recorded job.
Premiums are deducted from your super balance, so it’s worth asking your fund what a low balance would mean for your cover. 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.
What we check in each fund with you:
- Every fund you belong to, if you have more than one, listed with the cover and cost of each
- Your job title on each fund’s file, compared with your travel work, and a call to the fund if it’s wrong
- A move between agencies, where your existing fund generally keeps receiving your super unless you pick a new one
- A fund’s default cover, which comes as a set amount, matched against your household’s bills and any debts
- Premiums still coming out during parental leave or part-time years, and your fund’s rules on low balances
- Combining funds only once you know what insurance each holds, as moving super may mean losing the old account’s cover
- Raising cover above the default amount, which is usually underwritten like a new application
- Moving from employee to running your own travel business, and what Moneysmart says to check about cover through super
Base Pay, Incentives and Your Income
When pay moves with bookings, how can you show an insurer what you earn?
Laying out each part of your pay can give an insurer a clearer picture of your income.
Together, we’ll lay out each part of your pay for an application, and ask each insurer how it counts each part.
Moneysmart says an insurer can ask for payslips and tax returns when you claim, or financial statements if you’re self-employed. At application, each insurer asks in its own way. 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:
- Base pay, plus weekend and penalty rates where your award or agreement sets them, shown as they appear on payslips
- Commission or incentives, if you earn either, listed separately so each insurer can explain how variable pay is counted
- A quieter booking stretch in the 12 months before an illness or injury, and how each insurer would count it
- Payslips and tax returns, or financial statements if you’re self-employed, gathered before you apply
- A lower year after a quiet stretch, explained with reasonable care when an application asks about income
- Part-time days agreed in writing, if you work part-time, set out with your usual weekly hours
- Casual hours that change week to week, shown as an average with payslips, since each insurer may ask
- A new pay or incentive plan at work, raised with an insurer if it changes what you earn
Going Home-Based or Changing Agencies
Before you go home-based or change agencies, what’s worth knowing about cover?
Checking before a last day can show which cover stays with you and which may not.
Together, we’ll check your cover before you go home-based, leave an agency or take first bookings in your own business.
Ask first whether a home-based role makes you an employee or puts you in your own business, as that changes what follows. 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. If you’re self-employed, Moneysmart notes you won’t have paid holidays or sick leave.
What we look at with you before the change:
- A home-based offer, with the first question being whether you’d stay an employee or run your own business
- Your last day at an agency, and what to ask your employer or fund about cover before then
- A role ending, planned for with savings, since income protection is generally for illness or injury, not job loss
- No paid sick leave in your own business, as Moneysmart notes, compared with how long any savings could last
- Insurance through your super, checked before moving from employee to self-employed, as Moneysmart suggests
- Income shown as financial statements if you’re self-employed, prepared with an accountant for an insurer
- Business insurance for your own travel business, which a general insurance broker can arrange
- A move to a different agency, and whether cover through the new job, if offered, would suit you
When to Review Your Cover
Would a fresh look at any cover you hold show it still suits your travel work and home life?
Changes in your work or home life can be a natural time to look at cover again.
We’ll talk through any cover you hold with you, alongside the travel work you do now and your life at home.
Default cover through super is for a set amount, so it might not match your needs. Travel work can move from a store to corporate, to home-based or into an agency of your own, and a move like that, or a change at home, is a good reason to book a conversation. The insurer decides on any new application.
Situations worth talking through with us:
- A move from a store to corporate travel, or back, and the job your fund or policy has on record
- Going home-based, and whether you’d be an employee or in your own business, before cover is looked at again
- Buying into or starting a travel agency, and the loans or leases you may sign as an owner
- A new pay or incentive plan at work, and how the change in your pay could be raised with an insurer
- Moving from part-time to more days, and the amount of income protection that would now suit you
- Starting in travel under 25, and asking the new fund about cover, which may depend on your job and the fund
- Moving house with a new loan, welcoming a baby or separating, and fresh life and TPD sums for the household now
- Premiums that generally rise as you get older, and the level of cover that fits your budget each year
Making a Claim
When a claim is needed, who could help with the forms and follow-up?
Having help with the paperwork can make a claim easier while the insurer or fund assesses it.
Together, we’ll lodge a claim with you and keep each step moving while the insurer or fund assesses it.
Moneysmart says to speak first to whoever you bought the policy from, such as the insurer, a financial adviser, your super fund or your employer. At claim, an insurer can ask about your work duties, 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 the Australian Financial Complaints Authority (AFCA).
How we help with a claim:
- Who to call first, whether a fund, an employer or the insurer, worked out from each policy’s papers
- Client meetings, bookings and any famils, with your weekly hours, set out in the claim form
- Income from bookings in the months an insurer asks about, shown on payslips or in your business accounts
- Your GP’s and treating doctors’ reports, gathered with you as the insurer requests each one
- A workers compensation claim for a work injury, where one applies, decided separately by the state, territory or Commonwealth scheme
- Sick pay, commission or other income during time off, checked against each policy’s rules on reducing a benefit
- Going back to the store or desk on fewer days, under the partial benefit terms some policies set
- Disputes about a decision, raised with the insurer or fund, and AFCA afterwards if still unresolved
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
- Store, corporate or online duties: Insurers usually ask about your job and duties when you apply. It helps to set out what you do as it is, from client meetings to booking and ticketing work.
- Work travel and famils: If your work includes famils or site visits, it helps to include that travel when you describe your duties.
- Base pay and what moves: Income protection usually works from your earnings in the 12 months before an illness or injury. How a policy counts a base rate, commission and incentives is a question to ask each insurer.
- Part-time and casual hours: Moneysmart notes some policies only cover you if you work a minimum number of hours each week. Fair Work says casuals don’t get most types of paid leave, so savings for time off are worth planning.
- Home-based work: Working from home can mean you’re an employee or running your own business. If you’re self-employed, an insurer can ask for financial statements when you claim, rather than payslips.
- Changing agencies: 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.
- A role changing or ending: 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 if your role changes.
- Cover from earlier jobs: Each super fund you belong to may hold its own cover and a record of your job. Reading each statement shows what it includes and what it costs.
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 Travel Work, Worked Through Together
Travel Duties Set Out for an Application
Your store, corporate, online or home-based duties written down with you, as they are, for an insurer.
Base and Incentive Pay Listed for Each Insurer
Each part of your pay set out with you, with each insurer asked how it counts income.
Each Super Fund’s Cover Checked
The cover, cost and recorded job in each fund you belong to, checked with you before anything changes.
Cover Looked at Before Going Home-Based
What may change for sick leave and cover through super, reviewed with you before you move.
Definitions Checked Against Travel Work
Income protection and TPD wording compared with you against the travel work you do.
Waiting Periods Chosen Around Your Savings
A waiting period chosen with you, set beside any sick leave and savings you could draw on.
Cover Looked at Before Owning an Agency
Your own cover, loans and leave gone through with you before you buy into or start an agency.
A Travel Work Claim Lodged With You
A claim lodged with you, with your 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 Travel Agents
Your work turns someone’s plans into a trip they can count on: flights and rooms that suit them, documents ready in time and a call back when something changes. One day can bring a family holiday, a business trip and a group to organise. We’d love to hear what you enjoy about it, who matters most to you and what you’re hoping for next. From there, we’ll help you shape a plan around your own goals and the way you’d like to live.
You spend your days planning time away for other people, and your own plans deserve the same attention. Yours might be a home of your own, more time with family and friends, a trip you’ve put off for years or the choice to work in a way that suits you. If others rely on you, they can be part of the plan as well. We can work through each of these with you, and our ongoing advice clients go over their plan with us each year.
If illness or injury kept you from working in travel, 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 Travel Agents
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 travel work, your family, work, income, assets and goals. Then we recommend the types and amounts of cover that suit your life.
Travel work can be in a store, for a corporate or online business, or from home, employed or self-employed, on base pay alone or with commission and incentives. 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.
Moneysmart says income protection is for when you’re unable to work due to illness or injury, so it isn’t designed for a fall in sales. Savings set aside in stronger months can help the household through a quieter booking stretch.
A lower year can still matter for cover, as benefits are usually based on your earnings in the 12 months before an illness or injury. It’s worth asking each insurer how it works out income when pay moves. We can compare this with you, and the insurer decides on each application and claim.
Yes. Whether you’re in a store, on a corporate team or booking from home, our financial advice and strategies can help you get ready. We can plan savings for a quieter stretch, weigh up loan repayments if you have them, and go through cover that may sit with your agency or your super before a final day.
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 lists payslips and tax returns, or financial statements if you’re self-employed, among what an insurer can ask for when you claim. Your pay or incentive plan, if you have one, can help explain how the rest of your pay is worked out.
Each insurer counts income in its own way, so it’s worth asking before you apply, and an accountant can prepare statements if you run your own business. We can help you set out your pay clearly, and the insurer decides on any application.
First, ask whether you’d be an employee working from home or running your own business. As an employee, cover through work, if you have it, is worth asking about before you move.
If you’re self-employed, Moneysmart notes you won’t have paid holidays or sick leave, and suggests checking how the move affects the insurance cover through your super. An insurer can ask for financial statements when you claim instead of payslips, and a general insurance broker can arrange business insurance. We can go through any cover you hold with you.
Insurers usually ask about your job and duties when you apply, so it helps to set out your work as it is, including the travel it involves. 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.
The insurer assesses each application. We can help you describe your duties clearly and compare cover with you across a wide range of insurers.
A change at work can be a good time to look: moving from a store to corporate travel, going home-based, a new pay plan or owning an agency. Life at home can change things too, such as a new loan, a baby or a separation.
If one of these comes up, book a conversation and we can read your policy or fund statement with you and compare cover you could apply for. The insurer decides on any application.
Our ongoing advice clients have an annual review with us.
Online quotes can show a price quickly, based on the questions they ask. They may not show how pay that moves with bookings is counted, how a home-based move could change your cover, or what any cover in your super includes.
Personal advice starts with your travel work and how you’re paid. From there, we look at what you hold and set policies from a wide range of insurers side by side with you. 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. Whether you book from a store, an office or your own home, you’re welcome to start with us.
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.
Bring whatever you have: payslips, a tax return or financial statements, and your incentive plan if you’re on one. Fund statements and policies can come later.
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.
Book An Initial Conversation