feature image

Risk Management - Big Sky Financial Solutions

Risk Management



While we would all like to think that unplanned and unwanted events will never happen to us, the reality is that they do. Every year thousands of Australian families are affected by unplanned events which can have substantial change on their financial well-being.

If an unplanned event does occur, you’ll generally have enough to worry about without adding the burden of stressing about money too.

A risk management strategy can help give you the peace of mind that comes from knowing that you are in control of your financial obligations. With Big Sky Financial Solutions you can develop a strategy that looks out for your lifestyle.

• When you can’t work for a while

If you or your spouse suddenly have a reduced income due to sickness or injury, you can ensure the bills won’t pile up with Income Protection Insurance. You receive the insurance benefit as an income stream of up to 75% or your income, for a maximum specified period.

• If you become seriously ill or hurt

If you or your spouse has an incapacitating illness (including cancer, heart attack and stroke), you can keep your income stream healthy with Trauma Life Insurance. It can help you cope financially with the effects that trauma can have on your life. It can remove the financial stress and pay for changes you may need to make to your lifestyle.

• If you become unable to do your job again

If you or your spouse has a seriously incapacitating illness or accident that means you are unlikely to be able to return to your normal occupation, you can minimize the financial effect with Total and Permanent Disablement Insurance. You can choose the level of protection you need (usually expressed as a lump sum).

• If you die

Death is not something that most of us like to think about. However, it is an unplanned event that can be planned for. There are various forms of Life Insurance available and your Big Sky Financial Solutions Financial Planner will help you assess all the variables and select the optimum policy for your needs.

You also need to consider how your assets will be distributed should anything happen to you. Most people want their hard earned assets distributed according to their wishes. Contact Big Sky Financial Solutions on 1300 700 189 or email us for assistance regarding Wills and Powers of Attorney that reflect your wishes.