Here is a common misconception that insurers don’t pay up when the time comes to make a claim.

The truth is, insurers absolutely do pay benefits in full – if you have done your due diligence to understand the policy you’re getting before you agree to it.

If you decide to arrange insurance directly, you may end up with a level of cover which may not be appropriate for your circumstances. If cover is obtained without going through appropriate levels of medical underwriting, you may be limiting your chances of receiving a benefit when you’re faced with the situation you hope to be insured against.

The key lies in selecting the right insurer at the right time under the right terms and conditions. By doing this, you significantly increase the likelihood of a payout when it comes time to claim in the future.

At RSM, our skilled advisers can work with you to identify optimal levels of personal or business cover based on your circumstances, taking into consideration:

• Loans and other debts
• Education costs of children
• Income required to retain existing lifestyle
• Personal and family goals
• Business activities and objectives

We go beyond “default” cover to consider important factors such as your superannuation and overall wealth accumulation strategies – as well as the structure of your insurance to minimise cost and maximise tax effectiveness.

For business owners, we weigh your risks and opportunities and use these to help you make smart decisions about the best way to leverage insurance for maximum benefit.

Most importantly, we can walk you through the maze of insurance providers to find one with statistically strong claims history, helping ensure your policy is structured in the strongest way to enable a successful claim.

To book an initial consultation with an experienced RSM adviser, simply contact your local RSM office. ➜