What do You Use Life Insurance For?

Home > Financial Focus

On death, a family can use life insurance to;
• Pay medical expenses.
• Pay legal expenses.
• Clear debt (home mortgage, credit cards, personal loans).
• Replace household income.
For businesses;
• To fund the purchase of the insured’s share of the business.
• To fund the capital expenses in the event of death.
• To fund income.
• To cover any loan guarantor arrangements


"Self-employed people often earn a decent income while working. However, without the benefit of employer-paid superannuation contributions often have little money to live on in retirement. Don’t rely on selling..."

Don’t neglect retirement savings
See More Testimonials

Meet the Team at Momentum

Shane Gourley

Director / Financial Planner
Team Profiles

Newbrocom Pty Ltd (ABN 39 152 026 330) trading as Momentum Financial Planning is an authorised representative of Charter Financial Planning Limited, Australian Financial Services Licensee Licence number 234665.



Momentum Financial Planning is one of a select number of businesses that has been awarded Certified Quality Advice Practice status by Charter Financial Planning. This programme sets an industry benchmark for providing high-quality financial advice. The certification is awarded based on industry qualifications, demonstrated best practise business operations and proven success in meeting the financial planning needs of clients.

© Momentum Financial Planning 2010 - 2019 All Rights Reserved :: Website by Giant Media :: ADMIN