Mistake No4

Insurance Mistake People Make – No4

4⃣ Does the price of Insurance matter to you?

A lot of people don’t compare prices or benefits across a variety of companies.

Watch the below video to find out how to save money and get the right product for you:

If you have any questions please feel free to have a 15 min chat with me, please find the link below:

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Mistake No3

Insurance Mistakes People Make – No3

3⃣ What is one big mistake we make regarding our life insurance?

We may look at life insurances like they are exactly the same, but they are not. We need to find one that suits your circumstances. Please watch the below video:

If you have any questions please feel free to have a 15 min chat with me, please find the link below:

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23 Mistakes people make with Insurance

What is Income Protection?

What is income protection?

💰 Isn’t income great. We go to work 👉 we get some money 👉 we pay for all those things that we like to enjoy:

👉 Houses
👉 Families
👉 Seeing our kids playing sport

But what happens if your income stops because you are unable to work? That’s where income protection comes in!

It keeps your income coming in so that all the things that you do can continue. When you look at your insurance program, you should always include protection for your income, so that your lifestyle can continue for:

👉 You
👉 Your family
👉 The people around you

You can still continue to enjoy life even though you’re unable to work. So income cover is a very very important part of a personal risk protection plan.

If you don’t need your income, don’t click on the link. But we all need our incomes, click on the link below, make an appointment:

https://calendly.com/philsowman/phone-call

Make sure that you can get income protection that will continue to maintain your lifestyle to which you’ve become accustomed.

What is total permanent disability?

What is total permanent disability?

🤷 What is total permanent disability?

Well, it is exactly what it says: total permanent disability. You’re not recovering from this one, but you haven’t died. So a total permanent disability benefit pays a lump sum.

When you are unable to go back to work in your usual occupation. Now when you think about it, if you lose your ability to work in your normal occupation a whole raft of things are going to change. However, some things won’t change, your responsibilities to:

👉 Family
👉 Mortgages
👉 Hire purchase
👉 Car payments

You name it! You’ve got those responsibilities.

They don’t care whether you’re totally and permanently disabled. So a total permanent disability benefit added to your life insurance will ensure there’s a lump sum of money available in the event when you are never going back to work.

So it is very important that you consider this when you’re looking at your life assurance. So again, click on the link below, make an appointment, discuss it with me and see if it is something that should be added to your insurance:

https://calendly.com/philsowman/phone-call

Have a good day.

What is Trauma Insurance?

What is Trauma Cover?

🤷 What is trauma insurance?

Trauma cover provides a lump sum in the event of a major medical event. Some examples are:

👉 Heart disease
👉 Breast cancer
👉 Bowel cancer

These things have a long-term and lasting effect on our health. Trauma, by providing a lump sum benefit payment in these circumstances can alleviate the financial pressure on a family and an individual because the last thing you want to be doing is dealing with a major medical event and also having the worry of knowing that:

👉 Your hire purchase still needs to be paid
👉 Your rent still needs to be paid
👉 You just don’t have any money.

So trauma insurance is worthwhile considering as a lump sum addition to any life insurance program.

Feel free to click on the calendar below, make an appointment, we can discuss it and see if it fits in your insurance.

https://calendly.com/philsowman/phone-call

So I look forward to meeting you one day. Thank you.

What is Life Insurance?

What is Life Assurance?

🤷 What is life assurance?

Life insurance is doing two things:

👉 It is looking after the things we love when we can’t.
👉 It is taking care of any debts we create while we’re alive after we have died.

If you have responsibilities within the family, to other members of your family, to a business associate, then life insurance is a good vehicle to protect those relationships when you’re gone. If you have debt, then it will pay off your debt when you can’t.

Life insurance is a very useful personal insurance product that you can buy simply and buy lots of relatively inexpensively. So if you’re looking for life insurance, click on the link below. You can make an appointment and we can discuss this in person and work out a plan that best suits you:

https://calendly.com/philsowman/phone-call

Have a good day.

Understand: Protecting your income

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