Risk Management and Insurance is an integral part of any strategic planning process. It underpins the financial security we all need and is necessary for the difficult times that occur in life. While asset accumulation and tax planning are important, financial strategies without protection against financial risks could jeopardise your financial objectives and lifestyle choices. Even the best financial plans can be undermined by events beyond the control of the individual and outside all perceptions of certainty.

The Process

Insurance revolves around the transfer of financial risk from you, the individual, to the insurer. These financial risks are the loss of income and the inability to repay debts in the event of death or disablement. Protection against financial loss in the event of unfortunate health circumstances is a crucial part of your wealth strategy.

Our primary duty is to our clients. Unlike an agent, we are under no obligation or commitment to any insurance company. Having completed a ‘needs analysis’ for our clients we coordinate with an independent broker who conducts research and market analysis to ensure you are provided with insurance cover to best meet your requirements.

Research is focused on policy wording, premium and policy structure. We look to minimise the cost to you throughout periods of life changes and more importantly to ensure that you and your family are in the best tax position in the event of a claim. An example would be how the best Income Protection policy for a Practice Manager would not necessarily be appropriate for a medical specialist. Put simply, we seek to personally tailor your insurance portfolio as we do your investment portfolio.

Our service does not stop once a policy is in place. The insurance industry is highly competitive with new products and features being introduced continuously. Our dedicated Insurance team regularly researches the market for the benefit of our clients. Policies are reviewed annually to ensure that they continue to meet your needs.

For Your Convenience

If you are unfortunate enough to ever make a claim, you now have the added advantage of making one phone call to our Insurance team. Our role is to relieve you of the pressures of organising claim forms and related documents from the insurance company and to guide you through the entire process. We operate under the philosophy that it is our number one priority to ensure our clients have the ability to claim without pressure or delay.

Grosvenor looks forward to being of assistance now and into the future.