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Protecting Your Lifestyle in the Face of Disaster

Article By Adam Hurwood | | Financial Planning
Like many people, you probably work hard and enjoy the benefits of a comfortable lifestyle as a result. Have you ever considered what would happen if you were unable to work, or if your finances were adversely affected by an unforeseen disaster? Don’t let all your hard work be for nothing– take steps now to protect your family’s future.

Insurance is the best way to protect your lifestyle and help ensure that no matter what happens in the future, you and your family will still be able to enjoy the standard of living you are used to. In spite of the need for insurance, research undertaken by advocacy organisation ‘Lifewise’ suggests that only 31% of Australians have income protection cover.

Your income is the key to being able to maintain your lifestyle, and for a large number of us, if we were to lose our source of income by being unable to work due to illness or injury, our lifestyles would be seriously affected. Have you considered what would happen to your family if you were unable to earn an income?

There are a number of different insurance options that can help you protect your financial future, including income protection and total and permanent disability insurance (TPD). Life insurance is also essential if you have anyone who depends on you financially. In the event of your death, having sufficient cover on your life insurance could mean that your family would be in a position to pay off any debts and maintain their standard of living after you were gone.

You work hard so that your family can enjoy life, make sure that lifestyle is protected into the future by contacting us and having one of our advisors put in place a solution for you based on your specific needs.

Altitude Financial Planning is a Corporate Authorised Representative of Altitude Financial Advisers Pty Ltd
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The information contained on this website is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek the appropriate financial advice and read the relevant Product Disclosure Document.