You might be thinking about taking out an income protection insurance policy. These plans can be put in place to provide you with an extra sense of security, just in case illness or injury affects your employment status in the future – after all, life is unpredictable. But what if you’re self-employed, can you still get income protection? What is income protection? I’m sure you’ve heard the term, yet most of us aren’t aware of
Whether you’re planning for your retirement, or simply need help creating a personal financial plan, it doesn’t hurt to seek guidance from a professional. But what is a financial advisor? To put it simply, a financial advisor is generally an expert in planning. They can help you make financial decisions on how to manage your hard-earned money. What does a financial advisor do? Financial advisors can also be considered as mentors, consultants or advice-givers.
The harsh reality is, no one cares about your financial stability more than you. This is why it is vital to build a strong financial plan for yourself. Personal financial planning will allow you to generate savings, afford to live a comfortable life and achieve your long-term goals. Unsurprisingly, everyone’s financial plan in life is different. The financial needs of a person in their 20’s freshly graduated are entirely different to a family of four
It is a term most of us have heard of, yet the chances are most of us do not have a full understanding of what income protection is and how it may be a benefit to us in our lives. Regardless of your current age, health, level of financial independence, or homeowner status, we all have some form of regular financial outgoings. Alongside that, most of us have goals and plans for the future that
We never expect a serious illness to happen to us. Our focus is usually on our families when it comes to the sensitive issue of considering if we were to die prematurely; rarely giving enough thought and planning into the instance of being diagnosed with a critical illness. This is why many people do not consider critical illness insurance until it is too late. Being diagnosed with a critical illness can be devastating enough for