Insurance Philosophy
Jasper financials philosophy is focused on ensuring clients can ‘maintain their current lifestyle’ in the event of illness, injury or where a family member passes away. Our insurance philosophy encompasses three pillars: financial assessment, occupational analysis, and health considerations. These pillars serve as the foundation for our advice and guide us in designing appropriate insurance solutions for our clients. Here's how each pillar contributes to our approach:
Financial Assessment:
We conduct a thorough financial needs analysis to understand our clients' current financial situation, including their income, expenses, assets, and liabilities. This assessment helps us determine the appropriate level of coverage needed to protect their financial well-being and achieve their financial goals. By considering their existing debts, investments, and income sources, we can tailor insurance recommendations that align with their overall financial plan.
Occupational Analysis:
Occupation type plays a crucial role in assessing insurance needs. We conduct an in-depth occupational analysis to understand the nature of our clients' work, regular duties, and associated risks. This analysis allows us to identify specific insurance providers and their respective products, such as income protection insurance, that are most relevant to their occupation. By considering the unique occupational risks, we can recommend suitable coverage to safeguard their income and financial stability in the event they are unable to work due to illness or injury.
Health Considerations:
Health is a vital factor when evaluating insurance requirements. We consider our clients' current health status, medical history, and potential health risks. By considering these factors, we can further assess which insurance provider is well aligned to the circumstances. We also factor in any pre-existing conditions that may affect insurance eligibility or require additional coverage. This holistic approach enables us to provide comprehensive insurance solutions that address potential health-related risks.
By combining these three pillars - financial assessment, occupational analysis, and health considerations - we can deliver well-rounded and tailored insurance advice. This approach ensures that our clients receive insurance solutions that are specifically designed to meet their unique circumstances and provide appropriate coverage.