Financial Protection
Life’s full of surprises—some good, some not so much. That’s why financial protection is at the heart of a secure future.
How We Help People Who Require Financial Protection
At Lucent, we make sure that you, your loved ones, and your business are prepared for whatever life throws your way. Whether it’s life insurance, critical illness cover, or income protection, we’ve got you covered.
Our financial protection advice is seamlessly woven into your broader financial plan, so you can enjoy today knowing tomorrow’s taken care of. Because peace of mind? That’s priceless.
.svg)
What’s Standing Between You and Security?
Let’s be honest: most people don’t think about financial protection until it’s too late. Whether you’re an individual, a family, or a business owner, there’s a good chance you’re not fully protected.
You might not have life insurance in place, leaving your family financially vulnerable if something happens to you. Maybe you’ve got insurance, but you’re not sure if it’s enough to cover your loved ones’ needs, especially if your lifestyle has changed over the years. Critical illness cover? That’s often overlooked, but a serious health condition could leave you unable to work and without an income.
If you’re a business owner, things can get even trickier—without key person insurance or income protection, both your business and your personal finances could be at risk if the unexpected happens.
Why You Can’t Afford to Ignore This
Without solid financial protection, you’re rolling the dice with your future—and the stakes are high.
- Life Insurance: If you don’t have life insurance, your family might struggle to pay off debts, the mortgage, or even maintain their current lifestyle.
- Critical Illness: A lack of critical illness cover could mean draining your savings or racking up credit just to make ends meet if you’re unable to work.
- Income Protection: Without income protection, your financial safety net could quickly unravel if illness or injury sidelines you.
- Key Person Insurance: For business owners, the risks are just as real. Without key person insurance, losing a vital team member could throw your company into financial turmoil.
Remember: A lack of planning could leave both your personal and business finances exposed, making it difficult to keep your business running or provide for your family. And without income protection, a health crisis could create a cash flow nightmare.
Lucent’s Smart Approachto Financial Protection
At Lucent, financial protection isn’t just another checkbox—it’s an integral part of your overall financial strategy.
We don’t just hand you a policy and send you on your way. We take a deep dive into your entire financial picture to ensure your protection policies are perfectly tailored to your life and goals.
For Families and Individuals
We make sure you’ve got the right life insurance to cover your family if the worst happens. Whether it’s term life or whole-of-life insurance, we align the policy with your financial needs. Critical illness cover? We’ve got you covered there too, ensuring you’ve got a safety net if you’re diagnosed with a serious condition. And when it comes to income protection, we help you lock in a policy that keeps the bills paid if illness or injury forces you out of work.
Business Owners
We go even further. We’ll help you secure key person insurance, protecting your company if something happens to a crucial member of your team. We also specialise in business protection policies, from shareholder protection to continuity insurance, ensuring both your business and personal finances remain secure. And because we know you don’t have the safety net of employee benefits, we’ll tailor an income protection plan that keeps everything running smoothly, no matter what life throws at you.
Why Financial Protection is a Must
Let’s get real: financial protection isn’t just for peace of mind (though that’s a big part of it)—it’s about preventing financial disaster.
Having the right cover in place ensures that your family or business won’t be left scrambling if something unexpected happens. It means avoiding the financial hardship that can come with illness, injury, or even death. At Lucent we can help you safeguard your legacy, making sure that everything you’ve worked so hard to build is protected for the future.
.svg)
How Financial Protection Fits Into Your Full Financial Plan
At Lucent, we believe in a holistic approach. Financial protection isn’t just a standalone service—it’s part of your entire financial plan:
We make sure that your protection policies are set up in the most tax-efficient way possible, ensuring that your loved ones get the maximum benefit when they need it most.
We also align your protection policies with your retirement planning, ensuring your income is secure, not just now, but throughout your retirement years.
We make sure your protection policies are structured to protect your wealth from unnecessary taxes, ensuring that what you leave behind goes to your family—not the taxman.
Common Mistakes We Help You Avoid
One of the biggest mistakes we see is underestimating the importance of life insurance. Many people think their savings or investments will be enough to take care of their family, but without a proper life insurance policy in place, there are often gaps that could leave your loved ones exposed.
Another common issue is the lack of critical illness cover. People tend to think, "It won’t happen to me," but the reality is that serious illness can strike anyone, and without the right cover, your savings could take a serious hit. Business owners also often overlook the need for key person insurance, which can be a crucial lifeline for keeping the company afloat during a crisis.
Ready to protect your financial future?
With Lucent’s expert guidance, you can rest easy knowing that your family, your business, and your future are fully protected. Contact us today for a comprehensive financial protection plan that’s integrated into your full financial strategy.
- Are you seeking ways to protect your family’s financial future against unforeseen circumstances?
- Do you need advice on insurance policies to safeguard your income and assets?
- Are you interested in strategies to mitigate financial risks and provide security for your loved ones?
- Would you like to ensure that your financial protection plans are aligned with your overall financial strategy?
If you answer yes to the above, get in touch.
FAQs
Yes. Savings can offer some security, but a life insurance policy ensures your family has the financial support to cover big expenses like mortgages or education costs without depleting your savings.
Business owners need personal and business protection, including key person insurance, income protection, and shareholder protection to keep the business secure during unexpected events.
Financial protection is fully integrated into your financial plan, complementing your investment, tax, and estate planning strategies to ensure complete security for your wealth and well-being.
Still have questions?
If you've got a question we haven't answered, we'd love to hear from you.