Phil Thompson

Phil Thompson, a financial adviser and founder of Skye Wealth, shares vital insights on life insurance. He explains why many Australians are under-insured and how to assess your coverage needs. Learn effective strategies to save on premiums and avoid common pitfalls in insurance decisions. Thompson highlights the unique challenges faced by Australians living abroad, emphasizing the importance of retaining an Australian policy and how mental health is increasingly considered in coverage options. Tune in for expert advice that could save your financial future!

Phil Thompson from Skye Private, an insurance expert for business owners and sole traders, shares valuable insights. He explains why insurance is crucial for protecting personal and business assets. The discussion highlights types of essential coverage, including income protection, life insurance, and buy-sell agreements. Phil elaborates on the complexities of structuring these insurances and the potential tax implications. Real-world examples illustrate common insurance gaps, making the case for tailored solutions that meet unique business needs.

Phil Thompson, a financial advisor from Skye Wealth, dives deep into the world of personal insurance. He explores common myths around life insurance in superannuation and emphasizes the need for personalized coverage. Phil shares insights on when to review insurance policies, busts misconceptions about child coverage, and discusses the importance of income protection for the self-employed. Personal anecdotes highlight the emotional and financial impacts of insurance during health crises, making the case for why everyone should consider their insurance needs.