I’ve had an accident at work and I won’t be able to paint for at least 4-6

Hi John how are you??

I’ve had an accident at work and I won’t be able to paint for at least 4-6 weeks possibly longer....I’ve had an MRI scan last night and Im just waiting for a doctor’s report today.

Can you please send me the forms and instructions I need please.

Thank you,

Regards,

Michael M.

We received that email at 10.42 am & Michael M had all the required forms to complete by the insurance company by 11.18am after we had immediately called them.

Isn’t that so much better than the alternatives. I.e.

• ·         the ‘No win no fee’ solicitors.
• ·         the limited savings at call in the bank account.
• ·         the family& relatives  who are struggling like everyone else.
• ·         the government who requires everything.
• ·         raiding the equity in the house which is zero as Michael  rents.
• ·         attempting to have access to your super which is another government challenge such as 26 weeks on Centrelink benefits.
• ·         Selling your’ liquid’ assets at maybe an 80% discount.

Michael M only has to wait for his Doctor’s report & his taxx agent but history says they are the delay in Michael M receiving his necessary income payments from the insurance company.

Lets also comment that if Michael M had some group cover under his super then the claims clerk look at his claim once per month. Another reason Why Michael M needs us.

Lets recall that Michael is now 33. If he works for another 27 years then what is his potential earnings?

 Let’s say 27 x 60K = 1.62 Million before we take inflation & job productivity into account.

I.e. Michael M is more valuable than any of his other assets.

Yes insurances require small premiums out of cashflow but that is surely better than the above alternatives. Maybe 1% + of income.

We discussed& tailored  premiums over 2 meetings with Michael & he has the cover that he could afford as some is always better than none. 

He has a portfolio of insurances that we agreed on

• ·         including some life cover for his family, 
• ·         Total & Permanent Disability TPD outside super rules.
• ·         the income protection to help pay his rent & meals  
• ·         also some Business expenses to meet his self employed business expenses.
• The income protection & the Business expenses  premiums are taxx deductible which helps provide a windfall when Michael completes his taxx return.

As it is bushfire season & we back onto bush  then we took Mayor Quirk’s advice & cleared the guttering of leaves . A small insurance step.

We also needed last night  to use Cheryl’s first aid kit which Cheryl had provided us when she was selling RE in Aus. It was very handy & another very useful insurance policy. Mind you so is ice which we discussed with Hannah.

Another company is offering until 28/02/2014  ‘The discount will comprise 8 per cent, 6 per cent, 4 per cent and 2 per cent discount in the 1st, 2nd, 3rd and 4th years respectively’

As we are not aligned then we are able to advise which plan & company is in your ‘Best interests’.

After 29 Years Michael M is Not the first claim we have had. We have had two separate claims of over 800,000.

If you have postponed reviewing your insurances or other finances & maybe you did want to sometime ago then you are welcome to call us on 07 3848 1088 or email us
 

We promise  to advise what we would do if we were in your position so that you are better off in three years time.

John McAuliffe