Imagine what your family’s life would be like if you or your partner died or became seriously ill and couldn’t work. Would you be able to survive financially?
Insurance is an essential part of any comprehensive financial plan, giving you financial protection against a range of risks. There are different types of cover that fall under the broad heading of life insurance – Life, Total and Permanent Disability (TPD), Trauma and Income Protection insurance. Depending on your circumstances you may need one or more of these.
It is also a good idea to review your life insurance regularly, especially if something has changed in your life, for example, if you’ve taken out a home loan, are having kids or starting a business.
Blossom Financial Planning will help tailor insurance to your real needs, taking into consideration your entire financial situation.