I talk to all my clients about getting protection in place should the worst case happen and in light of recent events it seems more important now than ever!
If you have a loan of any type here are some measures you should consider to help protect you now and in the future;
Loan Protection
Loan protection covers the loan in certain events, for example it can pay out the loan in the event of your death and it can also help with Mortgage Repayments should you be made involuntarily unemployed (to name a few)
This policy is a simple policy to put in place and you can tailor the cover you take depending on how much you can afford and how much protection you feel you may need.
This policy also requires no medicals and I can complete a quote with just a few bits of basic information.
If you would like to discuss this more or would like a quote, please call me on 0412862811
Personalised Protection
Like most of us you may have some kind of protection in your Super and now is a great time to ensure this protection is the cover you need. Some things you might like to ask yourself is;
- Is the level of cover high enough to help me in a time of need?
- How will the payments get disbursed to me?
- Does my policy cover ‘Pandemics’ loss of income and death?
- Is there anything else specific to your needs you need to consider
I have an amazing Financial planner I recommend my clients talk to, his name is Brent. If you would like a professional opinion on any of the above, let me know and I can get Brent to help you out.
Wills and Power of Attorney
I know I’m always talking about Wills and Power of Attorney but it’s because the reality is, not enough people have one in place and as horrible as it is to think about, none of us are invincible, and not enough of us have a Will or Power of Attorney in place.
After having recently completed my Will and Power of Attorney I can now know that should I pass away, The executor of my estate will have a relatively easy job as everything is clearly instructed in my Will.
Again, the only person I recommend to for Wills and Power of Attorneys is Carolyn Ryder from Carolyn Ryder Solicitor. My husband and I recently updated our Wills with her and she made what is typically a yucky topic easy to discuss, straight forward and her pricing just so happened to be the best I could find.
You can contact Carolyn directly on 0439 339 941 ( https://www.carolynryder.com/ ) to discuss your personal situation if you would like to get some peace of mind.
One last thing,
The next few months will undoubtedly bring some challenges for home owners and if you’re experiencing difficulties repaying your mortgage the sooner you contact your Mortgage Broker or Bank, the sooner something can be done to assist you in the short term.