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The Luxury of Life Insurance

  • Writer: Aaron Zelman
    Aaron Zelman
  • Aug 31, 2020
  • 1 min read

Life insurance is a choice for some, a need for others and at times a luxury that no longer makes financial sense.


It is important to asses just how much a need it is and what level is sufficient to ensure your financial objectives are met.


Of course, if insurers offered free cover, few would say they didn't want the financial protection provided - but in reality, it all comes at a cost. And cost considerations are very important in light of all the competing priorities you have for your own money. At TRUSTMOST, our philosophy is to treat any insurance cover as a way of reducing risk; and to approach the management of that risk as sensibly as possible. Whether life insurance is a luxury or a non-negotiable, think about what you truly need and try to neither over-do-it or under-do-it.

Life Insurance can be a luxury; yet for others, remains a necessity

 
 
 

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TRUSTMOST is an authorised representative of Count Financial Limited ABN 19 001 974 625 holder of Australian financial services licence number 227232 (“Count”). Count is owned by Count Limited ABN 111 26 990 832 of GPO Box 1453, Sydney NSW 2001. Count Limited is listed on the Australian Stock Exchange.

All of the material published on this website is for information purposes only and does not constitute advice. This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, with or without the assistance of a Financial Adviser, whether the information is appropriate in light of your particular needs and circumstances.

Aaron Zelman is also a director of Willed Pty Ltd which provides an online will writing platform via www.willed.com.au.

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