What would happen to your family if your income stopped? Can they stay living in the house they are currently in, attending the school they go to, or simply living the lifestyle you as a family are accustomed to?

For some reason as a community we mostly insure relatively insignificant things like our car without really thinking about it, but often do not bother to insure our income which (when you work out how much you’ll earn over your lifetime), is worth significantly more than the value of your car.

Yes insurance costs money, but structured correctly is easily affordable and possibly a significant portion even paid out of your superannuation (and therefore not impacting your day to day cash flow). More important than the cost however is the fact that should something happen to you, you’ll still be in a position to provide for your family as you would have wanted to.

If the above sounds like one of your financial quandaries, then we’d suggest you contact us to see how we can help.