Richard Sewak – Lifestyle Solutions

:::Richard Sewak – Lifestyle Solutions
Richard Sewak – Lifestyle Solutions 2017-12-06T17:48:03+00:00

Business Profile

Richard Sewak – Lifestyle Solutions

Richard Sewak - Lifestyle Solutions

Mobile: 021 773 925
Email: [email protected]
Website: www.lifestylesolutions.co.nz

Company: Lifestyle Solutions
Postal: PO Box 42090, Tower Junction, Christchurch, 8024

Social Media:

About

My passion to help others is the most powerful driver of my will to succeed.

What I love about what I do is the fact that I get to wake up every day and make a difference in people’s lives. I educate and give our clients the knowledge to make informed decisions about their future and I help facilitate those positions and put them into reality for them. I have also found that our clients don’t have the time to get all their risk affairs in order so what I also do is help clients find the right professionals and experts to get it sorted.

I am committed to providing our clients the best quality advice and excellent service. I believe that success and excellence is not a destination but a journey hence I am continually learning and so I can keep improving my service and continue add more value to our clients.

Originally from the beautiful Island of Fiji I came to Christchurch in 1996 and after 20 years consider myself a true Cantabrian. I commenced my career in the financial services industry as a ‘tied’ Health Insurance Adviser in 2001 and for the first few years I spent on the road travelling all over New Zealand from Keri Keri and Pahia right down to Lumsden and Te Anau helping client with their needs. In 2010 my wife and I set up Lifestyle Solutions offering the full suite of risk insurance solutions with a vision to help our client achieve their goals whatever they may be while making sure they have the right insurance cover in place to provide the financial resources to genuinely cope when the unforeseen does happen and times can be very uncertain for you and those around you.

Lifestyle Solutions

We specialise in the provision of life risk management services to our clients. Our services include:

  1. Life Risk planning.

    We review your current financial, lifestyle and family circumstances, determine the key risks you are facing and work with you to determine appropriate risk management strategies for these risks.

  2. Insurance Planning

    Where the financial and lifestyle effects of a risk event occuring  require the use of insurance, we work with you to develop a cost effective insurance solution to suit the circumstances. Because we are not aligned to any particular insurance company and have no business quotas to fulfil, we are able to recommend an insurance solution from a wide range of alternatives. This helps to ensure that any product we recommend is best suited to your particular need.

  3. Insurance Reviews

    If you already have an insurance programme in place, we can offer a fee-based service to assess your existing programme in the context of your situation and needs.

Lifestyle Solutions is a specialist risk management financial advisory company run by Richard Sewak. We design and implement life risk management solutions for our clients and in this regard we like to think we are a little different.

Risk management approach

We take a risk management approach to the design of our client solutions. We see our role as

  1. helping you to determine the key life risks facing you and your family

  2. evaluating the potential effect of those risk events on your finances and lifestyle

  3. Determining how the financial/lifestyle effects of these risk events will be managed and

  4. Where insurance is deemed an appropriate risk management tool, evaluating products and structures to maximise benefit in a cost effective insurance package without compromising quality.

Best Practice

We use a very structured six step process recognised as best practice in the financial advisory sector around the world. This process includes

  1. Initial meeting to determine whether we are able to help you with your needs

  2. Information gathering to ensure that your current financial situation and needs over time are identified

  3. Analysis and modelling of options to ensure that your programme is consistent with your needs.

  4. Presentation and discussion of recommended risk management plan

  5. Implementation of agreed programme and

  6. Ongoing Reviews

Reviews

We offer insurance reviews. Major changes in your life and lifestyle can occur quite frequently and typically such changes affect your life risks. The arrival of a new child can fundamentally effect your insurance needs , children growing up and leaving home can similarly impact on your needs as can a decision to change jobs or set yourself up in business. Whilst an annual review may not result in any change to your risk management programme, it does enable you to ensure that your programme continues to meet the needs of you and your family.

Holistic Approach

Our process incorporates a highly structured and comprehensive information gathering exercise analysis of your existing situation and plans over the next few years to ensure that your risk management programme meets your needs.

We also work with other professionals who provide you with advisory services to ensure that any insurance needs are structured appropriately in the context of your risk management programme. Our work in this area includes

  1. ensuring that insurance ownership is structured in accordance with your particular needs.

  2. ensuring that insurance, estate planning and asset ownership structures are synchronised. This may include ensuring that your wills are updated to incorporate the testamentary effects of a life insurance policy or recognising the gifting implications for family trusts and updating accordingly.

  3. Working with your accountant to ensure that insurance ownership is consistent with your overall financial situation.

  4. Maximise tax deductibility of insurance programmes

We all hope that our risk management plans are not required but ultimately, any risk management programme can only be evaluated in the context of the occurence of a risk event. This could include the need for major surgery or an extended period of illness. We recognise that it is in times of crises that the effect of our services are really felt and often when we are most needed.  We will be there to help you through these periods and ensure the benefits of your risk management plans are fully realised.

If you would like to discuss your particular needs, please contact us!

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