When we are young we all think that nothing is going to happen to us, the fact is as we go through life we learn that it can, and bad things do happen when we least expect it.
As we go though life we also accumulate lots of stuff, and apart from your loving friends and family for the moment one of the most valuable things is your ability to earn an income. We have seen endless claims made by clients who have experienced some kind of illness or injury that has prevented them from working.
You can also protect the people you love the most, should you die, your family may need funds to:
- Repay mortgage and other debts
- Cover medical and funeral expenses
- Provide schooling of children or grandchildren
- Establish an investment portfolio to generate ongoing income, and
- Enable your estate to be divided equally without the need to sell assets