As we move through life the importance of insurance in a long term financial plan increases and becomes a significant planning consideration. That’s because insurance is all about providing a financial safety net that helps you to take care of yourself and those you love when you need it the most.
Your family depends on your financial support to enjoy a quality standard of living, which is why insurance is especially important once you start a family. It ensures that the people who matter most in your life will be protected from financial hardship if the unexpected happens.
Stress - Do you need it?
None of us know what lies around the corner. Unforeseen tragedies such as illness, injury or permanent disability and even death can lead to you and your family facing unforeseen emotional stress and grief. With insurance in place, you or your family’s financial stress will be reduced, and you can focus on recovery and rebuilding your livelihood.
No matter what your financial position is today, an unforeseen event can cause your financial security to collapse very quickly. Insurance offers a payout, should an event occur, ensuring you and your family will remain financially secure.
Peace of Mind
No amount of money can replace your health and wellbeing – or the role you play in your family and the community. However! You can at least have peace of mind knowing that if anything happened to you, your family’s financial security is assisted by insurance.
A lump sum insurance death benefit can secure the financial future for your wife and children by protecting their standard of living should your untimely death occur.