Health, Life & Income insurance
There are many different aspects to consider when creating a lifestyle financial plan, and one of the most important is protection. A plan is not complete without adequate protection against life’s uncertainties.
Health, Life & Income insurance
Most people insure their homes, cars and other valuable possessions, but many overlook the need to insure themselves and their families against the financial consequences of premature death or disability.
Many people mistakenly believe that they do not need protection because they have savings or other assets that could be used to cover any unexpected costs. However, the reality is that these funds may not be enough to cover all of your expenses, particularly if you have a long-term illness or injury. This is where protection can help to bridge the gap and ensure that you and your loved ones will be taken care of financially if something happens to you.
Financial protection is important for a variety of reasons. It can help you manage risk, maintain your lifestyle in the event of an unexpected setback and meet your long-term financial goals. Without adequate protection, you may be forced to make difficult choices in the event of an unexpected financial emergency. For example, you may have to dip into your savings or retirement accounts, take on debt, or make lifestyle changes.
Do you have sufficient money or cover should the unexpected happen?
No one knows what’s round the corner: illness, injury or loss of income. Don’t wait until it’s too late to start protecting your financial future. We’re here for you. To speak to an Elixir Wealth adviser, please contact us.