An overview of personal insurance.
The common belief that “it won’t happen to me” often results in many people having a sound plan for wealth creation but not an adequate plan to protect the very thing that generates the wealth – themselves!
It is worth remembering that no matter how much expert advice you receive or how astute your financial management, there is always a risk that you could potentially suffer an early death or extended time off work through serious illness or injury. Where that leaves you and your loved ones in the future can depend on the wealth protection strategy you have in place. The four most common types of personal insurances are:
