Sometimes life doesn’t go as planned and it’s very easy to think “it won’t happen to me” until it does. Depending on where you are at in life you might have the funds to take on the challenges that are thrown at you but in most circumstances, it is prudent to have a backup plan in place. This is where having the right insurances in place can help you overcome any storms that might be lurking on the horizon.
It is always a challenge to work out how much is really enough so it is important to conduct a needs analysis to determine the right levels that suit your circumstances. Having the right combination of life, total & permanent disability, income protection and trauma insurance will help make sure the plans you set out to achieve are not derailed by unforeseen situations.
Things you might consider:
- Your assets and liabilities position.
- What position you want your family to be in should the unthinkable happen?
- Your ongoing commitments and how they will be taken care of.
- Are there better options for funding these costs?
- What are the tax implications of receiving these insurance benefits?
- How can you structure your assets to protect them from potential litigation?
Speak to us today and we can help you put together your plan to help you achieve this and many of your other goals.
Let us know how we can help