These uncertain times
Keeping yourself protected in these uncertain times is an essential part of your business or family planning.
To often we hear of people saying that there is no need to insure themselves against accident or illness. “The business will continue to pay the income, the job is secure, or we will sell the boat, the beach house, the investment property”, to survive.
Current times would clearly indicate that it may not be the best time to be cashing up assets as they will not realise their full value and will probably fetch less than you paid or, worse still, less than you owe on them.
Financial stress can be one of the worst forms of pressure we face. When you are backed into a corner with no solution in sight, who knows what may give. It is times like this when you health may suffer and therefore the need to keep your business or
personal income protected becomes even more important.
It is certainly not a time to be cancelling important cover as you may never be able to replace what you have with the same terms and conditions.
There are things that you may be able to do rather than surrendering a policy. Seeking advice from an experienced adviser should be the first step you take to ensuring the continuity of your protection plan.
