Strategy Tailored For You
Insurance
We insure our house, contents, car, boat, trailer and caravan, but in Australia we are grossly underinsured. Why? Because most of us fail to insure ourselves, and our income. Without our health and our income we would find it difficult to afford this kind of lifestyle.
A financial planner can help you calculate how much insurance you need to protect yourself and the ones you love from financial hardship in any event.
A financial planner can shop your future insurance cover with many different insurance providers to source well priced insurance with quality features and definitions which will be tested at claim time.
Insurance can be paid by yourself, or possibly your superannuation fund. Some insurance cover is even tax deductible.
You don’t have to die to claim on your insurance. Insurances are available to provide financial relief in a variety of events such as; sickness, accident, heart attack, stroke, cancer (including skin cancers), and many others.
Most of us know at least one person close to us who has encountered one of these events. For most people, the knowledge that they will receive an insurance payout assisting with the replacement of income, the cost of medical treatment, managing the mortgage, and other household bills is essential in maintaining a financially stress free recovery.
Ask yourself this question: How would your family manage if you were to lose your income today?
There is no point having a sound financial planning strategy to achieve your goals if this strategy doesn’t include insurance. If your income is gone tomorrow, how will you save for retirement?