It will never happen to me... or will it?”
Statistics show that most Australians are not adequately covered financially for unforeseen events such as major illnesses (Eg. Heart attack, cancer,etc) disability or death.
The main reason for this is that most people think “it’ll never happen to me”.
In reality however, for thousands of families each year this is not true. The fact is that thousands of people face a major family health crisis every year, and this will often result in a financial crisis as well.
The Facts
• 1 in 3 people will suffer a disability for more than 3 months before they reach 65 years.
• Around 10,000 cases of Prostate Cancer and 11,300 cases of Breast Cancer are diagnosed each year.
• Approx. 48,000 people have a stroke each year.
• 1 in 3 men and 1 in 4 women will be diagnosed with malignant cancer before the age of 75.
The need For Adequate Cover
If you are not adequately covered financially by appropriate insurances such as Life Cover, Total and Permanent Disability (TPD) Cover, Trauma Cover and Income Protection, severe financial hardship may be added to a family crisis.
As a starting point, you need to make sure you can pay off your debts and ensure you do not have to sell assets, including the family home, or any other properties you own.
Next, you need to ensure you will have sufficient funds to pay medical costs and to provide an adequate income to meet ongoing expenses. Centrelink benefits provide some help, but hardly enough in most circumstances.
Financial Health Check
Our Financial Planner, Bruce Donnelly can provide you with a ’Financial Health Check’ by looking at your current insurances and seeing if you are covered adequately to face any of the potential challenges mentioned. It’s worth doing and could avoid extra heartache and financial hardship in the event of a family member suffering a major injury, medical crisis or death.
Act Now
Please call us on 1800 13 22 64 to arrnage a time to speak with us.
Alternatively, you can click on this link and complete the Advisor Authority Form.
Once completed fax it to us on 02 43 222 247 or email to info@prowealth.com.au and we will arrange for someone to contact you within 48 hours.