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- By Wayne Lennan
- •
- 18 Oct, 2017
- •
Financial Stress... How would you survive??
Relationships pay the loss as financial pressures are on the rise!
The majority of financial stress is caused by lack of money when one partner becomes sick or injured.
Women are more financially vulnerable than men but are much less likely to take out Income Protection Insurance.
Most people don't think twice about insuring their homes or cars, however they don't extend this diligence to insuring their income, which could easily be worth more than $1 million over their working life.
"We all feel infallible until something happens to us, a family member or close friend", but..... by then it could be too late to take out insurance.
How would you survive the financial pressures if you or your partner were unable to work due to sickness or injury?
A good way to prevent this stress is to make sure both of your incomes are insured, to enable your mortgage, bills, medical treatments etc to still be paid, whilst unable to work.
The majority of financial stress is caused by lack of money when one partner becomes sick or injured.
Women are more financially vulnerable than men but are much less likely to take out Income Protection Insurance.
Most people don't think twice about insuring their homes or cars, however they don't extend this diligence to insuring their income, which could easily be worth more than $1 million over their working life.
"We all feel infallible until something happens to us, a family member or close friend", but..... by then it could be too late to take out insurance.
How would you survive the financial pressures if you or your partner were unable to work due to sickness or injury?
A good way to prevent this stress is to make sure both of your incomes are insured, to enable your mortgage, bills, medical treatments etc to still be paid, whilst unable to work.