(02) 8205 1228 info@emohruo.com.au

Wealth Protection

Protecting your Assets

We live in a world full of uncertainties and risks. You never know when something may happen! You may have thought about this a few times, especially whilst watching the recent news… But as hard as it may sound, individuals are exposed to these risks on a daily basis. Whilst it’s not always possible to eliminate an unanticipated event from occurring, it’s always good to know that you and your family will be financially secure during unexpected times of hardship.

Having insurance is invaluable and here at Emohruo we focus on insurance covers that provide financial security to you and your family for events such as a serious injury or illness, loss of ability to earn, total and permanent disablement or even death. Our financial advisors at Emohruo can help you get your head around the different types of insurance policies and find one that best caters to your personal situation.

If you already have insurance, our advisors can help to make sure that your current policy is suitable for your situation, whilst also making certain that it is cost-effective, has an adequate level of cover, as well as reading any fine prints which you may not have been aware of …

 

What is your most valued Asset?

 

Types of insurance we deal with:

Life Insurance

Insurance that will protect your family’s future if you were to pass away. Generally, your family will receive a lump sum to help maintain their standard of living, pay off any debts, pay for your funeral expenses, etc.

Total & Permanent Disability Insurance (TPD)

Insurance that will protect both you and your family if you became permanently disabled and are unable to work due to this disability. Generally, you will receive a payment that will cover your medical expenses, home modification costs, repayments of debt, other financial support, etc.

Trauma Insurance

Insurance that will protect both you and your family whilst you recover from an illness or injury (a serious listed medical condition). E.g. Cancer, heart attack, dementia, etc. Trauma insurance usually covers medical expenses, living expenses, repayments of debts, etc.

Income Protection Insurance

Insurance that will protect you and your family if you were unable to work for a certain amount of time due to an illness or injury. Generally, you will receive a monthly benefit that pays around 75% – 85% of your income, during the period you’re unable to work.

Why is insurance important?
  • An estimated 145,000 new cases of cancer will be diagnosed in Australia this year, with that number set to rise to 150,000 by 2020 – According to the Cancer Council
  • 1 in 2 Australian men and women will be diagnosed with cancer by the age of 85 – According to the Cancer Council
  • 1.2 million Australian adults had 1 or more heart or vascular conditions, including stroke, in 2017–18, based on self-reported data – According to the Australian Institute of Health & Welfare
  • In 2017 dementia was the second leading cause of death – According to the Australian Institute of Health & Welfare
  • The number of hospitalisations due to injury has steadily increased each year over the past decade and now exceeds 460,000 – According to the Australian Institute of Health & Welfare
  • Most hospitalisations due to injury occur in the 65+ age group for females, while for males, the majority occur in the 25–44 age group  – According to the Australian Institute of Health & Welfare