Home > Tag Archives: Work Cover

Tag Archives: Work Cover

Protecting Your Ability to Earn: Have You Got a Plan for Peace of Mind?

Having the right disability insurance

If you have a career plan and everything is on track with your personal finances with a regular income, that is obviously good news. Many of us have the ability to generate an income and build some wealth at varying levels but a good number of us simply rely on a regular wage to meet their financial targets and commitments and don’t have a backup plan in place to deal with a financial crisis if we are suddenly unable to work for a period of time. Financially savvy Many hard-working Australians can be considered financially savvy and have a good understanding of finance and know how things like a mortgage and investing for wealth work. The missing gap for some of these people is realization of the true financial impact that can be felt when your capacity to generate an income is suddenly and swiftly taken away from them on a temporary or long-term basis. Financial planning needs to include drawing up legal documents that provide a clear indication of your wishes and estate planning to ensure that your family are looked after as best as possible, but it should also include making arrangements to protect your income if you ...

Read More »