What is risk management?
We insure our homes, our cars, and even our valuables, yet many of us forget to protect what matters most: “ourselves”.
Have you ever stopped to think…
- What would happen to your loved ones if you were no longer around?
- Will your loved ones be financially secure if you are no longer around?
- What if a serious illness like cancer or a heart attack changed your life overnight?
- What if your income suddenly stopped — temporarily or permanently?
- What would happen to your family if you could no longer work?
- Can you manage medical bills for unexpected illnesses or accidents?
- How will you protect your income, home, and lifestyle from life’s uncertainties?
If these questions make you think, it’s time to act!
These aren’t just “what ifs”, but they’re real-life possibilities that can impact anyone, at any time.
That’s why protecting yourself isn’t a luxury but it’s a necessity.
Through a personalised risk management process, we can help you work out the right type and amount of cover for your unique circumstances. So no matter what life throws your way, you and your family are financially protected and emotionally supported.
Because your greatest asset… is “YOU”.
What types of personal insurance cover are available to you?
- Life cover (Death & Terminal Illness Benefit)
Provides a lump sum payment if you pass away or are diagnosed with a terminal illness (life expectancy of 24 months or less). This benefit is paid to your nominated beneficiaries or estate.
Available inside and outside super. - Total & Permanent Disablement Cover (TPD)
Pays a lump sum if you’re permanently unable to work due to illness or injury.There are different definitions based on your occupation and lifestyle:- Own Occupation – You’re covered if you can’t return to your specific job. Available outside super only.
- Any Occupation – You’re covered if you can’t return to any job reasonably suited to your experience or education. Available inside and outside super.
- Trauma OR Critical Illness Cover:
Provides a tax-free lump sum payment if you suffer a major medical event or condition (e.g. cancer, heart attack, stroke), even if you’re expected to recover.
Only available outside super. - Income Protection Cover
Pays a monthly income benefit (up to 70% of your gross earnings) if you’re unable to work temporarily due to illness or injury.
Available inside and outside super.Flexible features include:- Waiting Period: Choose how long before payments begin (e.g. 30, 60, 90 days)
- Benefit Period: Choose how long payments can continue (e.g. 2 years, 5 years, or to age 65)
How much insurance cover do you need?
The amount of cover depends on several factors:
- Your age
- Your income
- Your assets and liabilities
- Outstanding debt
- Ongoing living expenses
- Children’s education expenses
- Future financial goals
How Arpita Bhatt, a licensed financial advisor at Audient Financial can help you?
Choosing the right personal insurance cover can feel overwhelming, but you don’t have to figure it out alone.
At Audient Financial, Arpita Bhatt provides expert, personalised advice to ensure you’re adequately protected.
Here’s how we help:
- Assess Your Needs and Goals
We will start by understanding your financial position, income, assets & liabilities, ongoing expenses, lifestyle, salary, health status, dependants, and future goals to determine how much cover you actually need and why. - Identify Gaps in Your Current Cover
We will review any existing policies you hold, including those held within super and highlight gaps or overlaps in your coverage. - Recommend the Right Types of Cover
Based on your unique circumstances, we will provide tailored advice on:- Life / Terminal Illness Insurance
- Total and Permanent Disability (TPD)
- Trauma / Critical Illness Insurance
- Income Protection Insurance
- Structure Your Cover Effectively
We will advise on whether to hold cover inside or outside of superannuation to balance affordability, tax effectiveness, and flexibility. The recommendation is delivered on a Statement of Advice (SoA) document. - Compare and Recommend Providers
We compare policies from multiple insurers to recommend the most suitable option — not just the cheapest. Our goal is to help you secure reliable, appropriate cover tailored to your needs. - Ongoing Reviews
As your life evolves, so should your insurance. We offer ongoing reviews to keep your cover relevant and cost-effective.
Protecting your income, family, and future starts with the right advice.
Book your discovery session with Arpita Bhatt today and feel confident that you’re covered for the life you’ve worked hard to build.
Do You Need a Financial Advisor for Insurance?
Technically, no — but practically, yes.
You can purchase personal insurance directly from insurers or through superannuation. However, without expert guidance, you risk:
- Buying the wrong type of cover
- Being underinsured or overinsured
- Paying more than necessary
- Missing out on valuable tax benefits
- Holding policies that may not pay out when you need it most
Why Work with a Financial Advisor Like Arpita Bhatt?
As a licensed and experienced financial advisor, Arpita Bhatt does more than recommend insurance. She tailors a strategy to protect what matters most.
With Audient Financial, you’ll receive:
- A personalised insurance gap/needs analysis based on your income, lifestyle, debts, dependants, and goals.
- Expert advice on the right types and levels of cover (Life, TPD, Trauma, and Income Protection).
- Guidance on structuring your insurance inside or outside super.
- Help selecting quality policies from reputable insurers which is appropriate according to your needs and not just the cheapest option.
- An offer for an ongoing review to keep your cover relevant as life changes.