What happens if you become seriously ill, or worse still die unexpectedly.

When you think about it there are many aspects of our life where we are in control but also many things we can’t control. Can you directly control?

  • The behaviour of others?

  • The performance of investment and property markets?

  • Security of employment?

  • and in some cases the onset of a major disease or illness?

Have you ever wondered what would happen if you suffered a major trauma event such as a heart attack or stroke, or was diagnosed with cancer? I have, and here’s a list I have come up with:

  • I will be sick.

  • My life will change.

  • I may suffer depression or other mental illness.

  • I may be in chronic pain.

  • I may suffer emotional and physical stress.

  • My medical treatment may be horrible and very expensive.

  • My lifestyle will change.

  • There will be added stress on those who love me.

  • I may be on heavy medication.

  • I may not be able to work for a while or even longer.

  • I may lose my income and my business.

  • I will have out of pocket medical expenses.

So with so much potentially outside of your control why not take control of the things you can. One thing you can control is that if you ever do suffer a serious medical condition you and/or your family do not have to suffer financially.

Personal insurance such as trauma and income protection can give you relief from any financial stress if you suffer a major medical incident. Yes you’ve got to pay for it but you don’t get anything of value for free. And what price do you put on financial security and looking after yourself and your family?

Controlling your financial situation is up to you. You can either do something about it or you can do nothing and just hope that nothing bad ever happens to you.

Follow the link to learn more about the different types of personal insurance.

What is personal insurance CFFP.pdf What is personal insurance CFFP.pdf
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The information on this site is of a general nature only and has been prepared without taking into account your particular financial needs, circumstances and objectives. While every effort has been made to ensure the accuracy of the information, it is not guaranteed. You should obtain professional advice before acting on the information contained on this website. No responsibility is accepted for any losses arising of acting on information on this website without seeking professional advice.