Protecting you, your children and your grandchildren

If the partner of your child or the parent of your grandchildren was to pass away or could not work would your child/grand children be able to survive financially?

If not would they come to you for help, and would you be in a position to help?

One of the best ways to help your children financially is to make sure they and their families are adequately protected against injury, illness and even death.

Australians are renown for their laid back attitude but this “she’ll be right” mentality has led to a serious underinsurance crisis in our country.

Studies show that when it comes to protecting our families financially against life’s unexpected set backs, Australians are falling well short.

While many people feel they are adequately protected through superannuation or private health cover, others assume that it won’t happen to them or just  don’t even about protection.

Unfortunately, misfortune can strike at any time and health insurance or life cover through superannuation can cover the financial burden faced by a family if an income is lost.

So why not use some of your planned inheritance to assist your children and grandchildren and if the unexpected does happen you may actually be doing yourself a huge favour.

image: Cimexus