Protection
Protection strategies guarantees financial security for both you and your loved ones in unforeseen circumstances such as accidents, illnesses, or loss of life, providing peace of mind for the future.
APPROACH
How we help?
We’ll discuss with you strategies to protect you and your family if the unforeseen occurs. Considerations are usually made with regards to debt you’ve accumulated, your financially dependants and other lifestyle expenses you wish to protect. We’ll also consider taxation and structure issues, your cash flow position and personal health when discussing the most appropriate insurance cover.
PROCESS
How we do it
/01
Initial Discussion
We will ask for information about your current financial position and your financial goals to determine the scope of advice. This scope may be limited if information provided is incomplete or inaccurate or if your instructions are outside of our authority.
/02
Decision to Proceed with Advice
If you agree that personal financial advice is in your best interests, you will receive a quote for the cost of developing your financial plan (called an SoA) based on the scope agreed to with your adviser.
/03
Developing your Plan
If you decide to proceed, we will research and develop an appropriate strategy based on your goals and financial position and document this in an SoA.
/04
Presenting your Plan
When your plan is complete, we’ll contact you to arrange an appropriate time to explain our advice including risks and costs associated with any recommended strategy, and provide you with a copy of the SoA
/05
Presenting your Plan
We will go through the steps involved to implement your plan and answer any further questions you have. For comprehensive advice, we will arrange the paperwork needed to implement our advice on your behalf where possible.
TESTIMONIALS
What our clients say
WHY US
Why you should choose us
Experience
Phil and Marty have over 30 years of experience within varies roles in the financial services industry.
Local
We're based in Central Victoria and travel throughout the countryside regularly. Prefer a phone or online appointment? We do that to!
Self-licensed
We're not aligned to any dealer groups or product providers, giving us freedom to provide customised advice that’s always in your best interest.
FAQ’s
Frequently asked questions
Why do I need a protection plan?
A protection plan ensures your family remains financially secure if something unexpected occurs — such as an accident, serious illness, disability, or loss of life. It provides peace of mind knowing your loved ones can maintain their lifestyle, repay debts, and stay financially supported during difficult times.
What does Greybox Wealth consider when creating a protection plan?
Greybox Wealth reviews your debts, living expenses, dependants, lifestyle needs, cash flow, and tax considerations, along with your health and employment situation. This ensures your insurance cover is tailored specifically to your circumstances and provides the right level of protection without unnecessary costs.
How do I start my protection plan?
We begin by understanding your financial position, family needs, and current insurance (if any). From there, we design a personalised plan outlining the types of cover you need, the level of protection required, estimated costs, and how the strategy safeguards you and your loved ones.
How do I know what type of insurance I actually need?
We assess your income, debts, liabilities, family responsibilities, and lifestyle goals to determine the most appropriate types and levels of insurance. This helps you avoid paying for cover you don’t need while ensuring you have the right protection where it matters most.
What happens if my health or income changes in the future?
Your protection needs naturally evolve as your life changes. If your health, income, or family situation shifts, we review your insurance strategy and adjust your cover accordingly. This ensures your financial protection plan continues to support your family at every stage of life.