We help organisations and individuals in raising awareness of their life insurance and super plan options.
WHAT WEALTH SMART CAN DO FOR YOU AS ONE OF THE BEST INSURANCE ADVISORY SPECIALISTS IN AUSTRALIA?
Wealth Smart Australia Pty Ltd is a financial advisor based in Melbourne. Specialising in Corporate and Personal Superannuation advice and acting as an insurance specialist that provides comprehensive financial advice and planning solutions to our clients. We are an online life insurance comparison website that offers individuals and organisations the opportunity to select competitively priced yet comprehensive policies.
By working with insurance companies, we can assist in choosing, comparing, and even applying for insurance online or over the phone. We also help in raising awareness of their various super plan offerings.
We have two specialist branches of Wealth Smart: an online risk assessment branch and superannuation advice branch. Our online risk assessments offer the best but easy comparison of insurance covers and costs in Australia.
Our superannuation advisor branch offers a more complex service that includes specialist insurance services and advice for businesses, corporate companies, and individuals the opportunity to arrange, review and select the best policy. Whether it is corporate, personal, or wholesale super policy across a vast array of products available in Australia.
Wealth Smart Australia is a corporate authorised representative of Millennium3 Financial Services Pty Ltd, which is one of the largest and most established community of financial and life insurance advisers in Australia. Millennium3 is part of the reputable Financial Services licensee advisor groups. Millennium3 has an extensive network of the best financial planning advisors located in all states across Australia.
Our team of advisors at Wealth Smart have an ethical duty to always keep the clients’ best interests at heart. We offer compassionate advice from qualified professionals. Contact us to begin comparing your policies today!
HOW OUR TEAM OF INSURANCE SPECIALISTS WORK
BEFORE OUR MEETING
We require you to gather the necessary financial information and documents for your financial advisor. This will allow us to understand the financial situation and offer you the best advice possible.
THE FACT FINDS
Our Wealth Smart financial advisor will then conduct an in-depth analysis of your financial situation. This analysis will consider and determine your investor profile, needs, goals, and more.
OUR SERVICES
Wealth Smart is one of the leading insurance advisors in Australia. Our aim is to provide you with meaningful information, help you find competitively priced insurance cover, and save you time and money. To do so, we compare life insurance cover online, Trauma Insurance, Income Protection, TDP, Corporate and Personal Superannuation, Commercial Insurance, Personal Insurance, and SMSF Insurance.
OUR BEST INSURERS
At Wealth Smart Australia, we offer you the choice between some of the best policies from top Australian insurers. Some of the insurers we use to compare include:
AIA AUSTRALIA
AIA Australia, which forms part of the larger AIA Group, is one of the world’s largest independent, publicly listed pan-Asian life insurance groups.
AIA Australia offers Life Cover, Total and Permanent Disablement (TPD), Crisis Recovery (Trauma), and Income Protection. If you are looking for any insurance mentioned, AIA Australia would be the ideal choice. AIA Australia has financial stability and has excellent growth potential of emerging markets worldwide due to them having the support of the larger pan-Asian AIA Group.
AMP
Being one of the oldest life insurers in Australia, AMP is known for its financial security. Founded in 1849 as a non-profit life insurer, AMP is now a publicly listed company on the stock exchange. AMP is the biggest provider of retail super, managed funds, and life insurance after merging with AXA in 2011.
AMP allows their clients to choose products and covers between their Flexible Lifetime Protection products or their Elevate range. The Flexible Lifetime Protection products are Income protection, TPD Cover, Death Cover, and Trauma Cover. AMP clients can include any or more of these products after customising them to suit their needs.
The products from the Elevate range, which became available after merging with AXA, offer affordable life insurance for the whole family. Clients can choose between Life Insurance, TPD Insurance, Trauma Insurance, and Income Insurance in this range.
If you are looking for any insurance mentioned, AMP would be a good choice. This is because the insurer has a customer-centric policy that ensures that customers’ needs and wants are always placed first.
ASTERON
Asteron Life, which has been providing long-term financial security and sustainable premiums since 1883, is sure to offer reliability, fairness, and responsibility to its clients and advisers.
Asteron Life offers Life Cover, TPD Cover, Trauma Cover, and Income protection. In addition, Asteron Life, unlike many other insurers, offers the Asteron Life Wellbeing Program to ensure that their clients live a long, happy, healthy life.
The program is an online health and well-being resource that offers information, tips, recipes, health assessment tools, and meal and weight-loss programs to all Asteron Life’s clients. If you are looking for any insurance mentioned, Asteron Life is a trusted choice.
As Asteron Life is a member of the Suncorp Group, a parent company for many general insurance companies in Australia, their clients are assured of a safe financial investment. Suncorp Group’s 9 million customers and assets worth almost $100 billion prove testament to this.
BT
BT Australia, which has been in operation since 1969, offers insurance, superannuation, and investment solutions. BT, which was known as Bankers Trust, forms part of the BT Financial Group and is the wealth management arm of the Westpac Group.
After being acquired by Westpac in 2002, who merged with St George in 2008, the BT Financial Group has over $144 billion in funds under management and administration. This acquisition makes it one of Australia’s most prominent wealth management businesses. BT Australia offers Term Life Cover, Total and Permanent Disability (TPD) Cover, Living Insurance, and Income Protection with over 1 million policies in force.
CLEARVIEW
ClearView, which launched as NRMA Life in 1976, aims to help Australians protect and grow their wealth while securing a comfortable financial future. ClearView is listed on the Australian Stock Exchange (ASX) under the code ‘CVW’ and offers quality financial advice with a portfolio of insurance and investment solutions.
ClearView offers Life Cover, Total and Permanent Disability (TPD) Cover, Trauma Cover, Income Protection Cover, Business Expense Cover, and Child Cover. So if you are looking for any insurance mentioned, ClearView is a good choice, and they can justify it.
Their cover is guaranteed to be renewable as the terms and conditions or premiums won’t change due to personal circumstances. In addition, they offer indexation, which means the cover will be increased annually, ensuring that the benefit amount matches inflation.
ClearView clients are also guaranteed an upgrade if they make any changes or add new benefits to their products. Besides these qualities, ClearView has won a range of awards such as the Money Management Adviser Choice Risk Awards 2020, Risk Company of the Year 2020, Term & TPD Products 2020, Inside Super Individual (Guaranteed Renewable) Term & TPD Rider 2020, Disability Income Product 2020, Investment Trends Planner Risk 2017, 2018 and 2019 winner for Overall Satisfaction, and the AFA/Beddoes Consumer Choice Awards 2018.
COMMINSURE
CommInsure, which was known as Commonwealth Connect Insurance Limited when launched in 1995, is one of Australia’s biggest life insurers and is listed on the Australian Securities Exchange (AS-X). CommInsure is the wealth management division of the Commonwealth Bank which has 138 years of experience in the finance industry. According to 2012 data, CommInsure has $1.97 billion worth of in-force premiums and pays close to $13 million per week in premiums.
CommInsure offers Life Care, Terminal, and Permanent Disablement (TPD) Cover, Trauma Cover, and Income Care. If you are looking for any of the care of cover mentioned, CommInsure would be the intelligent choice.
Being the first Australian insurer to become a signatory to the United Nations Principles for Responsible Investment, CommInsure has pledged to consider environmental, social, and corporate governance factors in its investment decisions.
CommInsure has also been the recipient of a range of industry awards, such as Money Magazine’s ‘Best Innovative Insurance Product 2014’ for their home insurance policy and being named one of the Contact Centres of the Year for 2013 by the Australian Teleservices Association.
MACQUARIE GROUP
The Macquarie Group is the largest investment bank in Australia. Macquarie Group has proven to have a steady growth as they operate in 28 countries, have over 13 000 employees, and offer a wide range of products and services. This growth was proven in the 2012-2013 financial year when Macquarie Group grew by 17% and their share price increased by 25%.
Some of the insurance policies that the Macquarie Group offers are Macquarie Life Active, FutureWise Total and Permanent Disability (TPD) Cover, FutureWise Disability Income Insurance, and FutureWise Trauma Insurance. The Macquarie Life Active policy is a life insurance cover that provides a lump sum for death, terminal illness, as well as additionally specified medical events.
Macquarie Group pays out sums based on the severity of the circumstance. The different covered events are accidents, injuries, long-term illnesses, and serious conditions like heart attacks, stroke, cancer, digestive disorders, severe depression, and more.
MLC INSURANCE
MLC Insurance, being one of the most powerful wealth management and insurance companies, Australia, specialises in offering investment opportunities, superannuation, insurance, and private wealth solutions for corporate and institutional customers. MLC Insurance is owned by National Australia Bank and has become the second-largest superannuation advisor and provider in Australia with a 19.5% market share.
MLC Insurance offers Life Cover Insurance, Total and Permanent Disability (TPD) Insurance, Critical Illness Insurance, and Income Protection Insurance. MLC Insurance is a trusted choice if you are interested in any of the mentioned insurance products.
Being a part of socially conscious initiatives, the company has the interests of its customers and those in need at heart. MLC Insurance is a partner of the Garvan Institute for Medical Research. They support the crisis and suicide prevention hotline Lifeline and have established the MLC Community Foundation in 2008.
The foundation funds community mental health organisations and programs and aims to encourage and support their employee’s active engagement in community activities. MLC Insurance has also been the recipient of many industry awards, such as the Life Insurance Company of the year, Innovation Excellence Award for Best Doctors, Industry Excellence Award, winner of Life Insurance Innovation Award for Best Doctors, Major Financial Advice Group of the Year, and 5 Heron quality stars.
NEOS
NEOS Life, being one of the top specialist Australian life insurance businesses, offers a wide range of retail life insurance products with the assistance of financial advisers. The insurance products offered by NEOS are issued by NobleOak, a trusted Australian insurer, and are reinsured by Pacific Life Re, one of the world’s largest insurers. NEOS is known for its fair pricing, fast decision-making processes, and better customer outcomes.
NEOS offers Life Cover, Total and Permanent (TPD) Cover, Critical Illness Cover, Child Cover, and Income Protection Cover. So if you are looking for any of the mentioned insurance products, NEOS could be the one for you. NEOS aims to put the customer’s needs and wants at the forefront through the NEOS Experience.
NEOS aims to make 80% of their underwriting decisions within three working days, use the latest technology, and have a start-up mentality that makes all their staff easily accessible. As a result, NEOS has also won a range of industry awards, such as winning best life insurance business by advisers in the Adviser Ratings Marketplace results and the award for Underwriting Team of the Year in 2019 by AFA Beddoes Institute Life Company of the Year.
ONEPATH LIFE INSURANCE
OnePath Life Insurance is one of Australia’s top insurance companies due to its competitive pricing, available extras, the easy application process, and helpful customer service. OnePath, which was known as ING Australia Life Insurance and Income Protection, is a specialist wealth management and protection business that operates in Australia, New Zealand, and 30 other countries.
Today, OnePath offers a wide range of wealth and insurance products with the guidance of financial advisors. OnePath Life Insurance customers are also able to apply directly through the website or via phone.
OnePath Life Insurance offers Income Protection, Trauma Cover, TPD (Total and Permanent Disability) Cover, and Life Insurance. The company also guarantees to upgrade the benefits to some of its policies if some of its products change and/or any improvements are made.
Besides this benefit, OnePath is also affiliated with the Qantas Frequent Flyer Club. As a result, OnePath’s clients can earn frequent flyer points for every $1 they pay in premiums on specific OnePath life insurance policies.
TAL
TAL, which has offered Life Insurance and Income Protection since 1990, is one of the top insurance companies, Australia. TAL, which was known as TOWER Australia Limited, provides its services to over 2 million Australians. According to 2013 data, TAL paid over $1.72 million in premiums during that financial year.
TAL offers Life Insurance, TPD Insurance, Critical Illness Insurance, and Income Protection. So if you are looking for any of the mentioned insurance products, TAL could be the one for you.
TAL has won a range of industry awards such as Life Insurance Company of the Year, Life Company of the Year 2011, Life & TPD Insurance Product Award 2011, and Life Insurance Product of the Year 2011. TAL is also known for its social, corporate, and environmental responsibility.
ZURICH
Although Zurich Life Insurance has a Swiss name, the insurance company has been serving Australians since the 1920s and is one of Australia’s top life insurers. Today, Zurich operates in over 70 countries and is renowned for its fast and sensitive claims payments.
Zurich Life Insurance offers Ezicover Accidental Death Insurance, TPD Insurance, Trauma Cover, and Income Replacement. Zurich aims to be an ethical and responsible insurer and achieves this by implementing several strategies.
These strategies are responsible investing, flood resilience, environmental protection, and corporate responsibility. Zurich has also won industry awards, such as the award for General Insurer of the Year by NIBA and recognition from CanstarCannex and Money Magazine for the outstanding value they provide.
WHY SHOULD YOU CHOOSE AN INSURANCE SPECIALIST?
An insurance specialist is a firm that provides advice on the best option for insurance. In other words, they match the buyer to the insurer.
Specialist insurance advisors and insurance representatives are middlemen between you (the insurance buyer) and your insurers. Insurance specialists work with multiple insurance companies to find you the best insurance rates.
An insurance specialist can provide you with more options than an agent, but you pay for this service. Similarly, an insurance specialist may charge a fee or commission for their work in helping you find the most appropriate policy from various companies.
Our insurance specialists can help provide you with a broader range of insurance options from multiple insurers, helping you find the best rates and coverage. When you choose to work with a specialist, you are more likely to find an insurance policy that suits your specific needs and budget. Although specialists usually incur a fee or commission, their expertise is invaluable when it comes to navigating the complex world of life insurance.
