WHEN DID YOU LAST REVIEW YOUR INSURANCE POLICIES?
Situations change over time - Divorce, More Children, New Partner, Increase or Decrease of Debt, Occupation, Company Ownership, Health, Smoking Status, Sports and the list goes on.
It is important to have insurance policies in place, however it is just as important to have the right documentation to go along with it, so the right people get the right amount of money at the right time.
That’s why you have an Insurance Adviser to make sure it happens the way you want it too.
If you have been paying for insurance policies for a long time it may be a good idea to re-visit them, because circumstances could have changed.
This article from the Newcastle Morning Herald is a good example of what could go wrong... http://www.theherald.com.au/story/4790240/business-v-the-family/