In this bonus episode of the Emerge and See Podcast, Sarah, Pia Schindler (Co-founder Emerge and See), and Lachlan Ashelford (Lambourne Partners Financial Advisor) discuss the recent changes to the Police Blue Ribbon Insurance Scheme and the introduction of the Enhanced Police Support Scheme. They provide an overview of the history of police insurance and income protection, including the role of TPD (Total and Permanent Disablement) insurance. They highlight the importance of insurance for emergency service workers who are at a higher risk of physical and mental injuries. The conversation also covers the implications of the new scheme and the challenges faced by police officers in obtaining insurance coverage. The conversation covers topics related to the Catastrophic Exceptional Extension Payment (CEEP) and the process of applying for it. It also discusses the role of the independent panel in determining eligibility for CEEP. The conversation highlights the importance of health assessments and vocational assessments in the application process. There is uncertainty about how the CEEP will be approached in the future, and there is concern about the limited financial support provided by the scheme. The conversation also touches on the impact of the 1st of October deadline and the stigma surrounding going off work with PTSD. Disclaimer: The discussion in this podcast is of a general nature only and it is not comprehensive. The Information provided is not specific to your circumstances. You should not act upon anything discussed tonight without seeking specific financial planning advice.
Contact Lachlan and his team for more info and advice. Lambourne Partners(02) 4969 6600