You may not be thinking about insurance when considering financial planning. However, without insurance, your plans for your family – or your business – could be completely destroyed in the event of an untimely accident or death.

Insurance provides peace of mind and security in knowing that your dreams for the future will continue even if the unexpected occurs.

Platinum Strategies can assist you with insurance solutions.

  • Life
  • Total and Permanent Disablement
  • Trauma
  • Income Protection
  • Business Expenses
  • Key Person Insurance
  • Business Succession Planning (Buy/Sell)


Life insurance provides a lump sum benefit to your family or business in the event of your death. The benefit can be paid to the owner of the policy (if different than the insured); a nominated beneficiary; or to your estate.

Total and Permanent Disablement

If you have an accident or illness which leaves you unable to ever return to the workforce, a Total and Permanent Disablement benefit will pay a lump sum benefit which can be used to replace any future income that is lost; settle debt; or pay for lifestyle adjustments such as wheelchairs, ramps and manual car controls.


When an unpredictable event happens, there’s an immediate need for financial help up- front. With increasing rates of cancer and cardiovascular disease, it’s becoming increasingly important to consider Trauma cover as a part of your insurance portfolio.

Trauma insurance pays a lump sum on diagnosis of specified illnesses, such as cancer or cardiovascular disease, as well as a disability. 


Income Protection

If something happened to you and you were unable to work, would you have enough money to cover your day-to-day bills and look after your family? Even if you think you would be ‘okay’, how long could you survive?

Income protection insurance allows you to continue receiving a monthly income of up to 75 per cent of your pre-disability income. Income protection policies are very flexible and can be designed to cater to your individual circumstances.

Business Expenses

The Business Expenses benefit is specifically designed for self-employed individuals (employed full-time) who need to ensure the fixed expenses of their business or practice will be paid if they cannot work due to injury or illness. To be eligible for this benefit, the life insured must be a self- employed practitioner – either a sole trader, in partnership with others or a working director.

Key Person Insurance

Key Person Insurance is designed to protect a business in the event it loses a ‘key person’ – usually a business owner or employee – who is critical to the ongoing revenue and profitability of the business or who provides capital to the business.

Key Person Insurance ensures that a business can continue at a similar level of operation/profitability had the death, disability or critical illness of a key person not occurred.

Business Succession Planning (Buy/Sell)

A Buy/Sell Agreement is a written contractual agreement outlining how a business owner’s interest in the business is dealt with if he/she dies, become disabled, suffers a trauma or wants to resign or retire (these are known as trigger events). If a trigger event occurs, the Buy/Sell Agreement transfers ownership of that person’s business interest to the other owners at an agreed price (usually market value). In the event of death, disability or trauma, insurance proceeds can be used to provide the required funds. 


Download Insurance Solutions Brochure here