‘It is better to have insurance and not need it, than to need it and not have it.’
Every day we put ourselves at risk
All of us are exposed to dangers and threats regardless of our lifestyle and circumstances. There are many types of risk factors including those related to health, genetics, geographic location, and even our occupation has a level of risk attached to it. Unfortunately, there is no way to eliminate 100% of risks, so we have to plan for the best and prepare for the worst.
Where are you going to turn if you lose your job tomorrow? What happens if a natural disaster terrorised your family home? What if you or your partner was all of a sudden struck down with cancer? It doesn’t matter how careful you are, there are things in life you can’t control. If an unforeseen event presents itself, insurance acts a protective tool that helps safeguard the things we value most like our family, our house, valuable possessions and personal belongings. Insurance enables you to replace or repair your assets, whether those assets are your belongings or your capacity to earn income.
There are several types of protection available:
- Life Insurance
- Total or permanent disability (TPD)
- Income protection
Everybody’s circumstances are different, but insurance is important for everybody. Sydney Financial Planning can help you find the right level of protection for your needs.
Are your insurances up to date?
Or do you need to put something in place to better protect youself? To arrange an appointment to speak with one of our advisors call us on 02 9328 0876.
General Disclaimer: This article contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. Please seek personal financial advice prior to acting on this information.