Protecting Your Family
Having a family is one of life’s greatest adventures – your children will bring so many changes to your lives. This is the time when you have so many demands on your income and when your family is more at risk than at any other period.
The good news is that you can get some help from the Government – click here for more information (linked page)
But there are some serious issues you really need to consider:
- You have a good job and you are spending less than you are earning, but what if things go wrong?
- What if one of you falls ill and is taken out of the working environment for the long term? How would the bills get paid?
- Could you afford replacement childcare even to help with the housework?
- If the main wage earner suddenly passed away this morning, how will the bills be paid tomorrow?
- Is your mortgage covered if your income drops owing to death, illness or redundancy?
- What if you want to pay for the children’s education or university? Have you started to save?
OK, this is really depressing, but we want to make sure that you have really thought about how to protect your family.
