Our insurance philosophy is led by our belief that the most valuable asset you own is your ability to earn an income to provide for yourselves, your family, your future. Knowing you can continue to produce provides a layer of certainty and security. But what happens if your ability to earn an income is suddenly taken away?
We believe insurance fulfils our basic need for security, by providing peace of mind and a layer of predicable wealth, in the event of death, disablement or prolonged injury. Knowing things are truly taken care of, how, what and why, is a powerful contract to own.
Just as each family, or business, has different expectations and means to continue financially, so to should the polices and amount of cover discussed and recommended. Every client should protect their blind side. The ultimate outcome here is ensure you have adequate cover in place to provide certainty you, and your family, are able to live as close to a normal life as possible in the event something happened to you yesterday.
When it comes to insurance premiums, we believe, as your liabilities and commitments reduce (and overall asset base grows), so too should insured amounts. For this reason, your cover should be assessed regularly and as such, we prefer stepped premiums over level as sums insured should reduce overtime.
In choosing the right insurer, price, whilst important, is no substitute for the strength of an insurer, their financial stability and importantly, our clients claim experience with them. Ownership structure for your policies should be determined not only with a view to tax efficiency and cash-flow but also wealth building and distribution.
With policies such as life insurance, total and permanent disability insurance, trauma insurance and income protection, as well as coverage for business partners and key workers, we believe time invested in understanding the differences between policies, and how they work, is well rewarded.
Our insurance beliefs:
Dear Peter, We would like to express our thanks to you for the work you do in managing our finances. The service you offer is personable, friendly, and paper-free (good for the environment!). Investments are not our area of expertise; we don't have a clue about where best to invest our money to support our retirement. We appreciate the choices you make on our behalf and trust that you have our best interests at heart. We are confident that with your knowledge and sound advice we will be able to sustain the lifestyle we would like well into our old age.
I wanted to express my sincere appreciation for the Team at Forest Private Wealth. Rosemarie and I have been with Mike, Peter, Tammy, Daana and Arron since they acquired Taylor Financial Planning some years ago now. We find them completely open and honest in every aspect of looking after our investments, Superannuation, transition to retirement (which went very smoothly) and in handling our pension entitlements...No problem was too much for them; even when working from home during the recent lock-downs. The whole team is always up to date with our financial situation and always manage to keep on top of any necessary changes that need to be made.. Thank You guys.
The team at Forrest Private Wealth are excellent to deal with and have a wealth of knowledge in financial services. I've dealt with Michael & Pete and they have been a pleasure to work with. Would highly recommend Michael to look after any financial needs and was highly skilled and knowledgeable on super, investments and retirement. Thanks Michael and team Forrest.
I recently required a full review of my financial situation to protect my families future financially and was referred by a friend to see them. The level of service I received and their advice was fantastic. The time spent has made me feel better about my plan forward and the follow up from the team was great. Highly recommend.
(08) 9382 1866
57 Forrest St, Subiaco WA 6008