Centrestone Jewellery Insurance

Centrestone provides advice on a broad range of insurance needs. Services are provided to businesses, families and individuals. We manage the process from analysing needs, quantifying cover required, assessing effective ownership and beneficiary structures (and explaining the consequence of these on taxation, estate planning, etc), determining the most suitable policies, shopping for rates, negotiating with underwriters and managing the application and approval process. We provide an ongoing review of your changing needs and new product developments that may be relevant for you. Our risk advisers play a role in estate planning, often in conjunction with financial planners and your other professional advisers (eg your accountant or lawyer). Where there is a family business or outside business partners, advice on the consequences of a death on both the individual's family and the business need to be addressed. We advise on the various forms of insurance against injury or medical illness (including income replacement, trauma, and/or total & permanent disability). Again, special consideration is required where there is a business, which may include business continuation insurance along with other components. Risk advisers work closely with our financial planners and lending advisers where several specialties are involved. Examples of this include re-assessing insurance needs as a consequence of changing levels of debt or whether to hold insurance in an individual's name or a superannuation fund (this will have consequences on the tax treatment of premiums and benefits and also on Reasonable Benefit Limit (RBL) planning). The services provided to businesses include "key person" insurance (to compensate a business for the death of a key individual for loss of income or for the repayment of a business loan), "buy/sell" insurance (as a component of buy/sell agreements between business associates), group insurance policies for employees, corporate superannuation , etc. We facilitate the application process which, if handled thoroughly, can minimise complications at the time of making a claim. We have had success on many occasions in negotiating the reduction or elimination of loaded premiums. We encourage clear and sufficient disclosure to reduce the need for supporting documentation in the event of making a claim. The point at which risk advisers are most appreciated by clients is where a claim is required. The definitions of the policies of different life insurers may vary widely, so careful selection may put clients in a far stronger position should a mishap occur. These are stressful periods and it can be extremely helpful to have an adviser to assist you and ensure that the claim process runs as smoothly as possible and that the benefit is received as quickly as possible. Note: Centrestone does not advise on general insurance eg home, contents, property, motor vehicle, medical insurance etc.