Does your insurance still cover you?

Once you have it, you often don’t give your insurance another thought until you need to make a claim. But as your lifestyle changes, it is easy to outgrow the insurance you have in place.

If you have made some big changes recently – like having a child, buying a house, retiring from the workforce – you may need to reassess your insurance. As your circumstances change, so does your insurance needs. Just as your circumstances change, the features and benefits available within insurances products are often updated with new offers which help furtehr protect the things you value.

Not reviewing and updating your insurance, can leave you vulnerable when you need it most.

Sound familiar?   Do any of the events below sound familiar to you? If you have recently made changes in your life, like those below, it could be time to review your insurance.

  • You are getting married or have changed your marital status
  • You have bought a new home
  • You have increased or substantially decreased your mortgage
  • You have a new child
  • You have taken out a large personal loan, or some other form of debt
  • You have given up smoking for at least a year
  • You have lost weight in a sustainable way for at least a year
  • You have new financial dependents
  • Children have started school
  • You have started a new job or alternately have retired from workforce
  • You are looking after a disabled or elderly family member

Advice from Plan 2 Prosper can help clarify the right insurance solution for you. Ongoing advice can help you be and remain financially prepared for the unexpected. If you would like further general information or would like to arrange an appointment please contact Plan 2 Prosper.

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Disclosure / Disclaimer: Dan Smith and Plan 2 Prosper are authorised representatives of GWM Adviser Services Ltd ABN 96 002 071 749 trading as MLC financial Planning, Australian Financial Services Licensee (AFSL:230692). The articles being accessed may contain general information and general securities advice. Before making any investment decision on the basis of the articles, you should consider, with or without advice, the contents of the articles in light of your particular investment needs, objectives and financial circumstances.
This entry was posted on Wednesday, August 6th, 2008 at 11:50 am and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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