Protect Your Family - Because things Do Go Wrong
Written on the 27 July 2015 by Janet CulpittPublished September 5, 2014 | author Janet Culpitt
Insurance - what is covered?
Recently an article highlighted the funeral industry as dying, due as people living longer.No financial plan is guaranteed.
Therefore, you need to ensure you have a solution in place to cover any unforeseen events.
Having a backup is protection for you and your family and means you are planning ahead,
leaving nothing to chance. Taking care of the "what ifs" is a contingency plan.
Statistics show we are living longer.
The survival rate for cancer has increased from 53% in the 1980s to about 70% today says Cancer Council Qld.
Despite negative reports around medical services, surgery wait times, budget cuts to hospitals
and medical services, there must be something being done right as there is no doubt people are living longer.Don't be lulled into a false sense of security. There are also reports on the increasing rate of road accidents, natural disasters such as bush fires and personal injury caused by antisocial behaviour.
Despite advances in medicine, health and wellness, helping to keep us alive longer,
there will always be accidents, incidents and sickness that are not preventable.It will never happen to me !
No one likes to talk about insurance as it is easy to think "it will never happen to me".
The reason we don't want to think about it, is one of the reasons we should.
We have to know that whatever happens, we are protected and still able to take care of our family,
our partner, our business partners, and anyone else who relies on us financially.
Our bills still need to be paid, recovery time may be needed, and emotional stress can be
better managed if financial stress is not adding to the equation.Insurance should be a part of your financial plan's solution.
Life Cover pays a lump sum upon death or terminal illness.
relying on a specific income or your long-term plans are relying on that income.
How much money have you set aside (not superannuation) to handle emergencies?How long would it cover your living expenses?
a) Less than one month,
b) Between 3 and 6 months, or
c) More than 6 months?If an accident or illness were to affect you or your family would this leave anyone short financially?
Is your family protected?
Give us a call to review your circumstances Ph 1800 731 328.
Author: Janet Culpitt