If your income is essential to fund your lifestyle but you presume you can’t afford to insure it, then this tip is for you.
Review your personal insurances and save.
If you don’t have insurance, or you haven’t reviewed your policies for a while, you may be surprised by the savings you can enjoy while maintaining a quality personal protection program that can protect the lifestyle you work so hard to create.
Your Pacesetter Financial Services adviser can present you with a range of “what if” scenarios to help you determine how you and your family would cope if fate dealt you a blow, through an illness or injury, that rendered you unable to earn an income. Consider how you would cope without a weekly wage to fund ongoing outgoings like mortgage repayments, the kids’ school fees and daily groceries?
A personal insurance package may include income protection insurance, which is designed to provide a financial benefit to help replace a pre-determined amount of your income in order to cover your medical expenses and protect your lifestyle whilst you convalesce from injury or illness.
In addition to income protection insurance, your package of personal insurances may include total and permanent disability (TPD) insurance, and/or trauma insurance. Your financial adviser can assist you to secure an affordable package of policies, and premium payment structures, designed to fit within your overall financial plan.
Further, should you need to make a claim, your Pacesetter Financial Services adviser will liaise with your insurer so you may receive the benefits to which you are entitled. So you can concentrate on recovery and getting back to work.
For more information about personal insurance, visit www.pacesetter.net.au or contact Pacesetter Financial Services on 07 3808 2808.