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Risk Made Easy

Risk Made Easy.

Murphy's Law - If Anything Can Go Wrong, It Will

Most people reach a point in life where financial independence becomes a priority. For many, it becomes a profound aspiration to nurture, care and protect those that they are responsible for.

Nothing provides more satisfaction than knowing that one�s family is financially secure. This instinct is largely manifested in the things that they plan to provide in the future, such as:

educational opportunities
a safe and comfortable home
a steady flow of income
sharing experiences of recreation and vacation time together, and
putting some money away to provide children with a good start in life.

We all like to think that we will always be there for our families. But have you ever stopped to consider the impact if something completely out of your control was to stop your ability to fulfill these goals?

The idea may seem strange but the reality ofserious illness, injury and death can have devastating consequences. The younger the individual and family are, the more they stand to lose!

It�s hard to imagine anything more financially devastating than losing the ability to earn an income, but it is not hard to imagine the practical consequences of being unable to put food on the table, pay the mortgage or run the car.

Natural instinct probably says that all this is unlikely. However it is worth considering just how likely it may be:

3 out of every 4 Australian families will experience cancer
More than 60% of Australians will be disabled for more than one month during their working life and more than 25% will be disabled for more than three months
More than 50,000 Australian�s suffer heart attacks annually.

No one plans to get sick, injured or to die unexpectedly. You can plan, however, to provide a cash cushion if your family are unfortunate enough to be affected by these events.

Risk made easy allows you to effectively and economically defend your financial future against these risks by using a combination of four basic types of cover including

income protection,
critical illness insurance,
total and permanent disability insurance and
life insurance.

DID YOU KNOW?

A recent sample survey of young families with household incomes or joint assets (excluding the family home) of over $50,000 found that only:

48% had life insurance
22% had critical illness insurance and
19% had income protection insurance.

A large percentage of relatively affluent people are leaving themselves exposed to the very real risk of income loss and the associated inability to service debts, such as a mortgage. This compares with 78% of the same sample who insured their car comprehensively and 80% who insured their home and contents.

It is easy for people to underestimate their "human life value" and life-style costs! Even modest incomes can multiply to hundreds of thousands of dollars in potential losses over their working life if you die or become seriously disabled.

Try to realize these losses can be challenging especially with couples choosing to have children later in life. Waiting until they have children before they do something about personal insurance cover may not always be an effective strategy as middle age and beyond often introduces the challenges of insureability due to health conditions .

Risk made easy will help you build a personal insurance plan while you're younger and relatively healthy. This ensures that you've cover in place by the time future financial burdens, such as a mortgage repayments and children costs come along.

Contact us today! and let a specialist risk made easy adviser help you create a SAFETY NET while on your way to financial freedom - no obligations - it's risk, made easy.