Soundbridge Success Stories – Insurance pay out when you need it most.
One in eight Australian women will be diagnosed with breast cancer by the time they turn 85. In 2017, it is estimated that 17,586 women and 144 men will be diagnosed with breast cancer.*
And this number is increasing. A cancer diagnosis can be devastating emotionally, physically and financially.
A Critical Illness insurance policy correctly tailored to your personal circumstances provides financial assistance for living expenses and mounting medical costs when you need it the most.
In 1993, after receiving sound financial advice, a client in Mackay, we’ll call her Jill, took out a Critical Illness Policy. Fast forward to 2016 and Jill was given the traumatic news that she had a malignant breast lump after the lump had been surgically removed.
“Jill contacted me after receiving this news to discuss her Critical Illness cover and advise of her recent operation. From this discussion and a review of her policy including the cover it provided, I recommended she make a claim on her MLC Critical Illness cover immediately” – Mark McConnell
We were able to support Jill by alleviating her concerns and stress, by assisting her through the claims process and documentation to ensure the process was smooth and stress free. In only one short month, we received a phone call from MLC Insurance advising the Critical Illness claim was approved and a payment of $165,179 was made directly to Jill and her family.
“I could see that making this claim and receiving a payout when she needed it most created great relief for Jill. She cried tears of happiness knowing that this payment would help her and her family progress through this traumatic event” – Mark McConnell
Since then Jill has completed an additional financial plan with Soundbridge leading her family into the future and providing strong future wealth creation and retirement strategies.
She was also able to help out her family financially and take them on their first overseas holiday. And now with her additional financial plans in place, she can look forward to a financially secure future leading into her retirement years.
*Breast Cancer Network Australia, Current breast cancer statistics in Australia, accessed 21 March 2017.
Posted on June 8th, 2017