The Value of Life Insurance:
Common Thought – “It won’t happen to me”, if you’re one of the lucky ones who lives your life uninterrupted by any accidents, illness or sudden death, then it might not. But chances are a traumatic event will occur in your life that may require financial aid to help you in a difficult time. Are you willing to ride your luck? or ensure you have a contingency plan in place to help you and your family with the difficult times.
One third of women and a quarter of all men will suffer cancer at some stage in their lifetime – over half of whom will live for longer than five years after diagnoses.
One in five families will be impacted by the death of a parent, a serious accident or an illness that renders a parent unable to work.
The cost of raising children has increased by half from 2007, with averaged household incomes only growing a quarter in the same period.
While nobody likes to think about the worst-case scenario, it’s important to remember unexpected events can occur to anyone at any time. Having a contingency plan in place is able to give you peace of mind knowing you are financially protected in case of any life threatening circumstance.
Why protection is important
Implementing a contingency plan and maintaining it, enables you and your loved ones to be able to deal with life’s problems without having to stress about your financial security. If you are unable to work, have an accident or something even worse, this contingency plan is able to help you by removing some or all of the financial burden caused by these events, which allows you and your family to focus on recovering.
Typically, there are four solutions to preserve the way of life you and your family live:
How can I make protection more affordable?
We can structure your insurance policies in the most cost-effective manner.
Please contact Wealth Depot on (07) 3421 0100 or email us at email@example.com to let us find the appropriate insurance policy for your personal circumstances.