Personal Insurance
“If I had my way, I would write the word “insure” upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for
sacrifices so small, families and estates can be protected against catastrophes which would otherwise smash them up forever.”
(Winston Churchill)
Imagine if you were to lose your job tomorrow, would your family cope? How would you meet your repayments and obligations? Yes, there are options for people requiring short term financial assistance from the government, but would that suffice? Will that cover all your expenses?
Most people don’t think it will happen to them and don’t arrange appropriate protection. The importance of personal insurance such as life and income protection is underestimated, which is why under-insurance is such a big problem in Australia. Most people don’t realise their most important asset is their ability to earn income and tend to insure what they think is an important asset such as their car or home.
Income Protection Insurance policies do not provide health insurance, death benefits or critical illness cover, so health insurance and/or life insurance and/or critical illness cover may also be needed by the policyholder. At AFPS, we have a dedicated team of insurance specialists to discuss your actual requirements, to tailor the best possible policies and mediate the best possible price for you.
