Are you Under-Insured?

Your biggest financial asset is your ability to generate income. Income Protection Insurance cover is a start, but are you under-insured?

Your income protection policy is designed to relieve the financial stress in the event of a medical emergency requiring many months off work. But if you have not regularly reviewed your income protection cover, you could well find yourself under-insured and not able to meet even the basic costs of living during your recovery. This will only add further stress to your situation, possibly impeding your recovery and causing even more worry for your family.

As such, it’s a good routine to review the benefits payable under your income protection policy at annual renewal time, and following significant life changes such as promotions and new jobs. Adopting these habits will help to ensure that, if the worst should happen, you will not be under-insured.

Disclaimer:

No investment advice provided to you.
This web site is not designed for the purpose of providing personal financial or investment advice. Information provided does not take into account your particular investment objectives, financial situation or investment needs.

You should assess whether the information on this web site is appropriate to your particular investment objectives, financial situation and investment needs. You should do this before making an investment decision on the basis of the information on this web site. You can either make this assessment yourself or seek the assistance of any adviser.
xLife Pty Ltd ASIC No. 305213 is a Corporate Authorised Representative of Milennium3 Financial Services Pty Ltd.
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