Ndubuisi Egwim asks: if you had a machine printing £50,000 to £200,000 a year, would you insure it? That machine is you. Income protection and life insurance protect your family if you can't work or die, yet most people skip them.
Just a quick one. If your family or yourself had a money printing machine, secret money printing machine in your wardrobe at home that could print between 50,000 to 200,000 pounds every single year and it was legal and you could use those notes and buy whatever you needed, would you be interested in at least making sure that that machine is insured or protected so that if in the future anything goes wrong with it or it gets damaged, you will be able to cover whatever income the machine was providing or at least have a lump sum to take of some of the needs that the machine was providing. Now, if you're working, are you earning between 50 to 200k or even any amount, and you are the main breadwinner for your family. It's. You're not a machine, but you're the provider. Have you ever considered what could happen or what could go wrong if you're unable to work or if unfortunately you die? I know for some of you, you already know what day you're gonna die. You know you're gonna live forever. And for some of us, we already know whether we're going to be unwell or not. But for the rest of us that don't know exactly what is minute per minute, one of the things you could do is to insure your income and ensure your life. So income protection and life insurance, they are not for fancy from critical illness protection, but I tend to suggest that from income protection. So think about that today and make sure you do the right thing for yourself and your family. Cheers.
