Had No Insurance Strategy
Over 84% of our clients had no idea what they were covered for, the terms of cover and the conditions of the cover.
With the rapidly increasing tuition costs each year, early planning for college is essential. Working with a financial planner to evaluate all options, develop a strategy and maximize tax benefits should help accomplish goals and objectives.
Benchmark Strategic planners can help clients financially prepare to send their children to a college or university. Starting the college planning process as early as possible usually provides the best results. Planners can assist parents to establish a systematic savings plan and properly invest the funds according to the child’s age.
We reviewed their current superannuation funds and insurance to cut out any unnecessary costs. We made sure their superannuation was aligned with the retirement lifestyle they wanted for themselves and their family, and updated their insurance cover so that it continued to provide suitable risk management strategy for their family.
David and Kathy realised the following benefits from Benchmark Strategic’s solution: