Financial Planning

We all have ideas and goals we’d like to achieve in our lifetime. Just like driving your car, there are many different roads you could take to get to your destination.

Lending Partners advisers believe that central to any goal, is to have the right financial advice and protection in place to protect what you have already worked so hard for. Wealth protection is about protecting the wealth and assets you have worked so hard for, and is a type of insurance that provides a benefit to you or your family if the unexpected should occur. Accidents or illnesses are unexpected but can have a significant impact on your finances if you are unable to work or earn an income.

Reflect for a moment on what is important to you and what plans are in place to look after these things, if you could not. Your most valuable asset is your ability to earn an income, after all this is what keeps everything going. Protecting it will help to see you through difficult times. Your other significant asset, if you have family, is the primary carer. Lose either of these, even temporarily, and the impacts may resonate for years.

Income Protection

Income protection insurance, also known as salary continuance, can help you manage your expenses if you are unable to work for a certain amount of time its benefit can replace up to 75% of the gross income for a set period of time. (e.g. 2 years or up to retirement age) Income protection insurance replaces the income lost through your inability to work due to injury or sickness. It is an important consideration for anyone who relies on an income.

Many super funds offer income protection, however it usually carries a benefit period of only 2 years and is not kept up to date with the changes of income in the individual’s career leaving them well under insured.

Total and Permanent
Disability Cover

Pays a lump sum in the event you become totally and permanently disabled and are unlikely to be able to work again.
TPD insurance helps cover the costs of rehabilitation, debt repayments and the future cost of living.
Each insurer has different definitions of what is and isn’t considered to be totally and permanently disabled. Being off work for a year is NOT ‘permanently disabled’.

Trauma Cover

Trauma cover is also referred to as ‘critical illness’ cover or ‘recovery’ insurance.
These policies include the major illnesses or injuries that will make a significant impact on a person’s life, such as cancer, stroke or heart attack.
Trauma insurance pays a set amount. This can be used for things like:

Life Insurance

Life cover is also known as term life insurance or death cover. It pays a set amount of money when the insured person dies. The money will go to the people you nominate as beneficiaries on your policy.
When deciding how much life cover you want, think about:

Life cover is ‘guaranteed renewable’, meaning it will generally only stop if you stop paying for it. It will continue even if you suffer an illness or injury, which would otherwise prevent you from taking out life cover.


We know that making a claim during an unfortunate event can be difficult and stressful. The RateOne team is highly skilled in managing the claims process and have the expertise to provide you with that support from beginning to end. Remember it is the quality of the insurance contract which matters most at the time of claim.

The claims process:

Regardless of your circumstances or situation, when you take out insurance, we hope the worst never happens. But the reality is sickness, accident or injury does not discriminate. At RateOne, we take any claims seriously, so if the time comes, we will be with you for every step in the process.


is the chance you will make an income insurance claim before you reach 50.


of clients placed income as their first priority


of clients had adequate lifestyle insurance cover in place


Chance of making a claim between ages 30 to 59

Make An Appointment

Whether you are looking for a Home Loan or wanting Financial Planning Advice we encourage you to contact us. At RateOne, we take the time to understand your financial objectives. This allows us to tailor a solution to meet your individual circumstances and objectives for the best outcome.