I‘ve advised many clients over the years and
the fact remains that whilst the single most
important product that anyone can ever buy is
insurance, this is one thing that clients don’t
have and most often, have not considered.
There is a feeling that insurance premiums
are ‘dead money’. It is a catch 22 situation,
there is a feeling that you are paying for
something that you haven’t used or when you
do use it, you have suffered an illness or
traumatic event and it isn’t a pleasant
experience.
What you do get in purchasing insurance, is
peace of mind. Knowing that your family is
protected in the event that you are unable to
contribute financially alleviates stress and
allows you to focus on spending carefree time
with your family. |
It’s all about income
Almost all of our aspirations, hopes and
dreams pivot around our ability to produce an
income. This includes the home you own, the
university your children go to, the clothes you
wear and the food you eat and in some
cases, even the number of children you have.
Regardless of whether you are considering
life insurance, trauma, disability or income
protection, these insurance products are
primarily there to provide a regular income or
a lump sum that your family can use to
provide an income to you or in the event of
your death. This ensures that your family can
continue with the same lifestyle. |
