Access advice to guide your steps
[et_pb_section fb_built=”1″ _builder_version=”4.6.0″ _module_preset=”default”][et_pb_row _builder_version=”4.6.0″ _module_preset=”default”][et_pb_column _builder_version=”4.6.0″ _module_preset=”default” type=”4_4″][et_pb_text _builder_version=”4.6.0″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]
It’s the middle of the night and you’re jolted awake by extreme pain in your chest. You feel like the life is being crushed out of you and immediately realise you’re having a heart attack. Your partner frantically calls 000 and as you lay clutching your chest waiting for the ambulance to arrive all you can think about is how your family will be supported if you die.
The pain intensifies.
[/et_pb_text][et_pb_image _builder_version=”4.6.0″ _module_preset=”default” title_text=”Heart Attack” src=”https://fundedfutures.com.au/wp-content/uploads/istock-heart-disease-attack.jpg” align=”center” hover_enabled=”0″ sticky_enabled=”0″][/et_pb_image][et_pb_text _builder_version=”4.6.0″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]
Hopefully this will never happen to you, but what if it did? Take a moment to think about how your family’s living expenses would be met if your income stopped tomorrow.
The average Australian household spends up to one-third of its gross income on mortgage repayments. Most of us would rely on our regular income continuing indefinitely in order to meet such an expense. And at this point we haven’t even put food on the table.
Income protection (or “salary continuance”) insurance usually provides up to 70% of your salary or business income in the event that you cannot work due to illness or injury. Of course, you might have sick leave, other compensation arrangements, or perhaps a cash reserve to rely on for a while, but what will happen when these run out?
Transfer the risk
Just like any other insurance, protecting your income is about transferring risk to someone else. By paying a monthly premium, you have the security of knowing that should anything happen – your car is stolen, your home damaged by fire, or you suffer a serious illness or accident – your financial loss will be minimised.
Ask yourself…
If you have your car fully insured but don’t have adequate (or any) personal risk cover, ask yourself this question – why is my car more precious than my life and health?
If your answer puts this into better perspective, do something about it now. Once you have appropriate insurance in place, you can get on with enjoying life, and if you do get sick or badly injured, money will be one less thing for you and your family to worry about.
Read more about personal insurance here.
[/et_pb_text][et_pb_cta _builder_version=”4.6.0″ _module_preset=”default” title=”Get your personal insurance cover sorted” button_text=”Book in for your meeting today” button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjIyIn19@” _dynamic_attributes=”button_url” hover_enabled=”0″ sticky_enabled=”0″][/et_pb_cta][/et_pb_column][/et_pb_row][/et_pb_section]
This website may contain general advice, but does not take into account your objectives, financial situation or needs. You should consider whether the advice is suitable for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement. In the event that Funded Futures Financial Services is providing personal advice it will be communicated via a ‘statement of advice’.
Funded Futures Financial Planning ABN 81 646 656 804 T/A Funded Futures Financial Services is a Corporate Authorised Representatives and is authorised through Cobalt Advisers Pty Ltd ABN 64 628 654 099 who is an Australian Financial Services Licencee # 512550.