If you add up all your income over your lifetime, it is likely that this is going to be your largest asset. Why is it then that you insure your car which may cost only tens of thousands over your income which is likely to be worth millions to you over your working career?
Sorry but this is crazy!
What would happen if you were unable to perform your job due to sickness or accident?
Would you be able to pay your mortgage? Would you be able to pay for your children's education? Would you be able to put food on the table?
These are fairly basic questions which unfortunately quite a few people can't answer with confidence.
If you require your income to keep coming in every month to provide the basic needs for your family and you dont have income protection, you are putting your family's well being at risk.
The great news is that it doesn't cost an arm and a leg to insure against these risks.
If you want to ensure your family is protected against the unthinkable then give us a call at Valor Private Wealth on 02 8013 5205 to create a wealth protection plan that gives you peace of mind.
Value Investing, macroeconomics and views on the wealth management world from Rob Shears and the team at Valor Private Wealth
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