As our financial lives rarely go smoothly, being prepared for an unfortunate eventuality is a must. There are many insurance solutions to match every budget and ensure the financial safety of your family. This is a foundational step in your holistic financial plan.

It is critical to carefully assess—and plan for—risk shortfalls. Risk planning looks at an individual’s assets and liabilities, ensuring that in the event of any life pitfalls, all liabilities and income replacements are provided for by having sufficient cover in place. 

Although it is the right thing to do, many people avoid taking out insurance. Contrary to popular belief, everyone requires insurance, regardless of how healthy they are or how well they are doing financially. Insurance acts as a safety net, protecting us and our loved ones when the unexpected happens. 

The wisest course of action is to never take anything by chance when there are easy, simple ways to lessen risks, especially when such risks are related to the well-being of you and your family members.

Making the right decision to have insurance policies in place gives you and your family peace of mind that, if an unexpected event such as loss of life, a critical illness event, personal accident, or income loss happens, financial worries aren’t mixed in with the grief or sadness. Insurance allows us to focus on living after life-changing events happen. 

Choosing the right type of insurance is not always an easy task. The financial industry offers a vast array of insurance products and different levels of cover to suit each and every need. Finding a suitable insurance policy to match your financial plans requires careful market research and detailed evaluation. Factors such as your age, your health, your available budget and the level of cover required play an important role when it comes to choosing the right insurance product that is in line with your financial plan.

Contact me to assess your risk insurance needs or to review your existing insurance portfolio.