Personal and Family Protection

Protection planning is the foundation of financial security. It protects your financial resources against the uncertainties of life so you can plan for the future.

The difficult questions are how much and what sort of cover do you need. How should this be structured to ensure that monies are paid out immediately and that benefits are received tax efficiently?

As Financial Planners, we will advise you on the most appropriate types and levels of cover for yourself and your family. We can

• Help you establish the extent (if any) to which you need cover
• Identify the most appropriate cover, at the best price
• Effect the cover for you and deal with the associated administration
• Ensure that your cover is reviewed periodically to ensure that it keeps pace with changing circumstances, new financial responsibilities and the continuous effect of inflation.

For an initial meeting to discuss the possible risks that affect yourself, or to review your existing plans and all the options available, please contact Mackenzie Financial Planning.

Family Protection
The greatest financial risk facing most families is the death or long-term disability of an earner, without whom there would be insufficient income to maintain the family's standard of living. The loss of a non-earning parent can also wreak havoc on a family's finances and lifestyle.

The risk of being unable to earn an income through long term illness is much greater than the risk of loss of life. In addition, a long term illness could incur unexpected costs such as specialist medical care or modifications to the home.

Personal Protection
As a single person with no dependents and no liabilities, you probably have no need for life insurance. However, the need for financial security in the case loss of income through illness is just as important, if not more so; protection of your income, and therefore your lifestyle, is likely to be a major priority.

It is likely that you will require some form of cover to mitigate the risks we are all exposed to in the modern world. Whatever your circumstances, Mackenzie Financial Planning can advise on the appropriate protection for yourself and your dependants.