What does it mean with ‘Accident’ upside down?

 

We were asked that question on the school drop off run.

As Dads do we expanded on it & we hope they understood.

It means when you have an accident then your life is turned upside down.

You wonder if you will meet your bills.

You wonder if the mortgage will be paid.

You wonder if you have enough credit on your credit card.

You wonder what the hospital bill will be & how much extra costs will be.

You wonder if you will get back to work ever.

You wonder if your family can survive.

You wonder who can help you.

You wonder if you ever will recover & will the pain go away.

Can your family & friends help you. If they are like most they are only $1000 from trouble anyway.

 Hence the bill board from you friendly national solicitor soliciting for your custom. Some call it ambulance chasing.

Of course it included workplace as you have to blame someone & it must be your employer.

We have Chris &Liza who had an accident on the roads some years ago. It took eight years to finalise & then out of the 120,000 the solicitors charged or were paid first 30% or 36,000.

How do you survive those eight years in the meantime when you have two young daughters to bring up.

Denver  who had injuries whilst at work only had to pay 11% to his union solicitor. He only took two plus years & was awarded 140,000 due to loss of earning & pain & suffering over that time.

Do you want your world turned upside down?

Of course the solicitors only chase accidents.

 

What if you have a stroke as many do?

We have Joseph who had such 4 years ago & is unable to work even now. A stroke is not an accident & the mortgage & meals & bills need to be paid. Joseph has been helped by his workplace sick leave, his salary continuance on his super but only for two years & a small 66,000 Total & Permanent lump sum pay out. Even that is not enough as life goes on.

We have had recent enquires from two women around 40 each with cancer 2 years ago. The first has debts of 1.5million & two young boys. Unfortunately she has had a reoccurrence of the cancer in spite of radiation & chemo treatments.

The most recent case is a lady who ‘I unfortunately went through breast cancer in 2011’ with a large 400,000 mortgage & three youngsters 6,9, 10 to bring up. She tells us her employer, ‘the government do not include income protection insurance’.

 

Unfortunately these stories happen to individuals & families every day.

If you don’t want you world turn upside down then there is an alternative.

Yep ,you could chase the TV advertisers & yes you might get life insurance.

However what you need if you survive are your debts paid off & your income to continue to help meet your commitments.  You cost more when you survive.

You want it faster than the courts & the solicitors offer as they play a long game.

It is a researched fact that you recover quicker from accident or cancer or stroke or other traumas if you have fewer worries & fewer debts & bills are manageable.

Many say it won’t happen to me’ & we trust they are right.

As we read yesterday ‘insurance is like a seatbelt, you put it on & hope you never need it.’

Our Young travel agent says ‘if you can’t afford the insurance you can’t afford the trip.’

As we say ’insurance is like jocks & socks [or lingerie] as you put it on first’.

                Or ‘a good financial plan protects the downside’.

If you believe that you can access your super then there are impossible conditions before you can.

 If you believe the government will help you then as Hilda said ‘ they want to know the colour of my underwear.’

It is your choice but don’t say we haven’t suggested it to you. You can check out estimates on our free estimator but they are your numbers & not necessarily what we would advise.

A better solution is to meet over lunch here & ‘do it right’ & within your budget.

You are welcome to call us on 07 3848 1088  or email or via our websites.

 

John McAuliffe