Critical illness insurance is the No. 1 life product that an insurance company pays claims on, Milbourne says, yet is the hardest product for an advisor to present to a client. He explains how to simplify this coverage to help clients understand the value of this much-needed protection and how it can provide financial certainty at an uncertain time.
Paul Milbourne is the owner of Milbourne Insurance Solutions, a specialist insurance advice firm that provides financial security through personal insurance contracts for business owners and executives. As a leading life risk advisor with more than 24 years in financial services, Milbourne has built advice businesses, run one of the largest risk-only businesses for a large, mid-tier accounting firm and is now building his own firm again. He holds an advanced diploma in financial planning and has facilitated some of the largest life, TPD, critical illness and income protection insurance claims in his country.