Insurance is essential for your peace of mind. Whether you’re covering your life, your ability to work, your business, property or possessions, having insurance helps protect your lifestyle and the people who depend on you.
Insurance is never a luxury. You may go for years without making a claim, then one day the unexpected happens. No one can eliminate the devastating emotional impact of serious illness, disablement or death, but if you have to deal with money problems as well, the situation can be much worse. Having money available when you need it most is what makes insurance so valuable.
Some types of insurance allow you to pay the premiums automatically from your superannuation fund. This can be a tax-effective option because it enables you to pay your premiums with pre-tax money. Using money that is normally inaccessible until you retire also means you don’t have to dip into your daily living budget.
When protecting your family financially, look at your areas of greatest vulnerability, such as your mortgage, other debts, regular household expenses and, if you’re self-employed, your business. You should also protect yourself against loss or damage to your property. These areas can be covered by:
It’s all very well to have ‘some’ insurance, but many people are under-insured and find themselves out of pocket when they make a claim. It’s important to accurately assess how much insurance you need. This is an area where Aldus Financial Services Pty Ltd can help you. We’ll help identify your greatest areas of risk and work out how much cover is appropriate for your needs.
To find out how we can help you safeguard your financial future, call 08 9472 0089 or email us.
The information (including taxation) in this website is general advice only and does not constitute personal advice. It has been prepared without taking into account any of your individual objectives, financial solutions or needs. Before acting on this advice you should consider the appropriateness of this advice, having regard for your own objectives, financial situation and needs. You should seek personal financial advice from a qualified financial adviser before acting on the advice. Please consider a Product Disclosure Statement before deciding whether to buy or keep a product.