Are you in the situation where you rely on your ability to work and earn a consistent income to meet your financial commitments?
Have you thought about what happens if your circumstances change, and you are unable to due to illness, injury or – dare we say it – death, meet those commitments?
Insurance is always an important defence against unfortunate turns of event. There are times when insurance really becomes relevant; when you start a family, buy a home, borrow to invest, increase your debt levels, change jobs, or start, buy or sell a business.
It is never too early to get insurance, but it can be too late; should you become ill or infirmed – or even have a scare – insurance may be very difficult, costly or impossible to obtain.
FinAdvice Financial Planning is able to offer you the following personal insurances which extend financial security to you and your family.
- Life insurance – this is designed to be paid a lump sum to your dependants upon your dealth
- Total & Permanent Disability (TPD) insurance – should you be unable to work due to injury or illness, this cover proveds you with a lump sum payout.
- Critical illness insuranace – delivers a lump sum should you suffer a serious injury or pre-defined illness.
- Income protection insurance – pays a proportion of your income should certain pre-defined events occur.
We have put together some information about the insurance process for you to read, giving you an idea of the process we go though in establishing your insurance. We urge you, however, to be pro-active and come and see FinAdvice Financial Planning to put plans to protect your future in place.