Protecting your lifestyle
Have you considered how you would maintain your current lifestyle if you could not work tomorrow? Being ill or injured is difficult enough without the financial pressure of not being able to earn an income.
Did you know?
After just one month without work, over half the families in Australia will run out of money (1).
77% of Australians have had a disease or other health problems that have lasted, or was expected to last, 6 months or more (2).
Nearly 10 per cent of Australian full-time workers leave work due to chronic illness (3).
Income Protection Insurance
Income Protection Insurance can help by providing you with up to 75% of your income if you are unable to work due to injury or illness. Having this support system eases the stress of family commitments and financial obligations like bills and mortgage payments during traumatic times in your life. This allows you to focus on more important things, like your recovery.
Contact a Gold Leaf Financial Planner today to discuss Income Protection Insurance cover that is right for you.
References
1 Rice Warner for IFSA, A Nation Exposed, August 2005
2 Australian Institute of Health and Welfare – Australia’s Health: The eleventh biennial health report, 2008
3 Australian Institute of Health and Welfare – Chronic disease and participation in work, February 2009
Photo Credit: <a href=”https://www.flickr.com/photos/36521966221@N01/2655701444/”>atomicjeep</a> via <a href=”http://compfight.com”>Compfight</a> <a href=”https://creativecommons.org/licenses/by/2.0/”>cc</a>
